Old Bitcoin is hitting the market again. CryptoQuant’s Axel Adler Jr.: Long-term holder 30-day distribution jumped from 174,500 bitcoin:native to 281,900 bitcoin:native between Aug 18–28. That’s +61.5%. Highest LTH sell flow since early 2026. LTH MVRV: 1.31 → 1.64 Still ~1.60 as of Aug 31. The squeeze bounce gave OG wallets a chance to bank profits. The only question that matters: Can new demand absorb 282K coins… or does this cap the rally? #Bitcoin #BTC #OnChain #Crypto
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