For the first time in over 1 year, there's been a significant shift to the downside in Long-Term #Bitcoin    holder positions.

Crossing below the -50,000 position change line has only occurred during 3 critical moments:

1. Cycle Bottom

2. Mid-Top (only once)

3. Start/End of a cycle top parabola (most frequent)

This just happened recently, leaving only two feasible possibilities: a mid-top, or imminent parabola which is out of the norm for this point in the cycle.

Long-term holders are exiting in droves, and it's time to pay attention.