$BTC's long-side Holder Concentration is starting to show signs of weakening. In particular, you'll notice that even as price moved higher in the short term, Holder Concentration dropped sharply instead. This suggests that whales have been reducing their long exposure. $ETH looks even weaker. It remains in a short-side Holder Concentration regime, and since the U.S. session opened, short-side concentration has continued to increase. This is definitely something worth watching closely. 👀
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