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JUST IN: On-chain analysis of Bitcoin holders currently suggests today "is similar to the 2023 breakout that sent bitcoin from $20k to $125k", Unchained Capital reports. 👀
"For the first time since the ATH, short-term holders have positions that are meaningfully in profit" 🚀
DATA: 79% of $BTC supply is now held by long-term holders, a new all-time high, as old coin reactivation hits its lowest level since 2012, signaling weak selling pressure, per K33 Research.