BTC Holders Panic Sell: Market’s New ‘Stability’ 😂📉

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Behold, the fortress of $90,000-once hailed as unshakable-has crumbled like a child’s sandcastle at high tide. Bitcoin, that fickle siren, now dances in the abyss of volatility, while its long-term holders, those self-proclaimed titans of patience, unveil their true colors: panic-stricken merchants of despair. The selling? Not a trickle, but a flood, as if the very earth beneath their crypto-egos has turned to quicksand. 🤡

Long-Term Holders: From ‘Resilient’ to ‘Desperate’ in 90 Days

Lo, the so-called steadfast guardians of Bitcoin’s future now shuffle like penitents, their once-unwavering faith now a flickering candle in a gale. Swissblock, that oracle of on-chain truths, whispers of a silent exodus-long-term holders liquidating their “bags” with the grace of a scolded schoolboy. What heresy is this? Where is the “resilience” they boasted in 2021? A joke, perhaps. A cruel one. 🙃

Swissblock’s Net Position Change, that cold arbiter of truth, reveals a grim saga: seasoned investors, like vultures at a feast, carve up their holdings while BTC flails. Is this courage? No. It is the death rattle of hubris. For every coin sold, a soul is lost to the void of market nihilism. 🕯️

This relentless offloading, this “caution,” is but a mask for terror. The market’s bones tremble, and the holders, those proud architects of their own undoing, now beg for a crutch. Where, pray tell, is the “conviction”? Buried beneath a mountain of margin calls, no doubt. 🪦

In ages past, corrections were met with stoic accumulation. Now? A farce. The holders, like addicts, sell into weakness, their “strategy” a farcical pantomime. Swissblock, ever the cynic, predicts further descent-a necessary purgatory before the “bull market” returns. One wonders if bulls will even show up this time. 🐂

Unrealized Losses: A Symphony of Regret

Darkfost, that bard of CryptoQuant, now sings of BTC’s “supply in loss”-a crescendo of folly. Over 6.96 million coins, once bought at the peak of madness, now languish in the shadows of red ink. A record! A triumph of human error! 🎉

This, dear reader, is the price of greed. Investors, drunk on prior highs, now drown in their own hubris. The correction, a mere whisper compared to the cycle’s nadir, has already shattered dreams. Short-term holders? They flee like rats from a sinking ship, their panic selling a grotesque parody of “market wisdom.” 🐭

Yet Darkfost, ever the optimist, claims this is “bullish.” A buying opportunity! As if losses breed hope. One imagines the “change of hands” narrative-a noble tale of wealth redistribution-while the rest of us clutch our hemorrhaging portfolios. 🤞

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2025-11-20 23:10