Bitcoin Mining Pressure Surges 2150%... Long-Term Held Supply at 14.85 Million BTC

Bitcoin miners and long-term holders are increasing their activity, yet prices remain stable. On-chain data suggests a supply structure realignment, with mining shutdowns rising 2150% over nine months. Long-term holdings have also accelerated, with 374% more Bitcoin moved and CDD metrics surging, indicating active participation from long-term holders. While this isn't panic selling, analysts view it as structured distribution amid economic uncertainty.