VanEck: Mid-Cycle Holders Are Driving the Latest Bitcoin Price Slide

TLDR: Mid-cycle holders drove the latest selling as long-term whales grew balances across multi-year periods. Futures markets reset sharply after tariff-linked liquidations triggered a deep drop in open interest. Minnow wallets absorbed supply as large whales reduced exposure over six-month and one-year windows. Age-band data shows older wallets remain steady while coins rotate across younger [...]

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