Bitcoin

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Long-term Bitcoin holders are cashing out, realizing gains of around 326% on their investments.</li> 
 <li>New investors, especially through Bitcoin ETFs, are crucial in absorbing the increased supply.</li> 
</ul>  
<p>As the price of <a href="https://coineagle.com/price/bitcoin/">Bitcoin (BTC)</a> continues to rally impressively, long-term holders are capitalizing on the opportunity to cash out. They are realizing gains of roughly 326% on their investments, with an average entry price of $23.4K. </p> 
<p>This increase in profit-taking has led to added selling pressure in the market. However, BTC has shown a remarkable ability to absorb the increased supply. </p> 
<h2 id="reasons-for-selling-and-new-investor-involvement">Reasons for Selling and New Investor Involvement</h2> 
<p>The question arises as to why these long-term holders are choosing to sell now. Additionally, how are new investors contributing to maintaining the market’s upward momentum? </p> 
<p>A significant role in absorbing the increased supply is played by new investors, particularly those investing via Bitcoin ETFs.</p>

Will Bitcoin Stay Steady as Long-Term Holders Cash in on Remarkable 326% Profits?

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CoinEagle.com

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