Veteran Bitcoin Whales' On-chain Antics Spark Intrigue

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As Bitcoin reached its ATH, Glassnode reports that $2.6 billion in realized profit were locked in through on-chain spending. Nearly 40% of this profit-taking can be attributed to the long-term holders, which include investors divesting from the GBTC Trust.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends.

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