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OG $BTC holders (>5y) pulling back on selling.
STXO data shows a clear trend:
• 2021: 3,860 BTC/day
• Early 2025: 3,200 BTC/day
• Now: ~2,350 BTC/day
Each cycle, long-term holders become less reactive to price swings. One of the market's largest sources of selling pressure is easing.
Diamond hands getting stronger.