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2024–2025 Mark the Largest Long-Term Bitcoin Supply Release in History\n\nBitcoin isn’t just moving through a price cycle — it may be undergoing a structural shift in ownership.\n\nOn-chain data shows long-term holders distributing supply at a historic scale, signaling a transition in who holds $BTC and the conviction behind it. Long-term holder behavior remains one of the clearest indicators of deeper market regime changes.