Bitcoin whales (OGs) are currently distributing at one of the fastest rates we have seen in the last five years.
Historically, this level of selling by long-term holders typically occurs near the late peak stages of the market cycle or during instances of market overheating.
This behavior suggests that smart capital has begun to reduce risk, preparing for a cooling or rebalancing phase in the market.
#BTC #OGs #USNonFarmPayrollReport #BTCVSGOLD $BTC