IntoTheBlock: long-term holders not selling as hard as past bull market peaks, or signaling new cycle dynamics

A chart analysis posted by IntoTheBlock on the X platform on November 5 says that this cycle is markedly different from previous cycles. While long-term holders are selling, the selling is not as strong as past bull market peaks. This mild sell-off suggests a shift in the situation, with investors cautious about BTC's current market phase, which could signal a new cycle dynamic.