Long term holders are bidding heavily again.

Throughout this and the previous cycle, every time they have sold off heavily, then begin to buy like this again, it has either marked the bottom, or the bottom has come in not long after.

You can see in 2021 after the may sell off… pic.twitter.com/eq47lPLm0X

— Sykodelic 🔪 (@Sykodelic_) March 3, 2026