Bitcoin enters a distribution phase as investors shift to selling
Bitcoin is currently in a prolonged distribution phase, with investors shifting from accumulation to liquidation. This change has increased selling pressure, causing Bitcoin’s price to decline. The market has entered a typical phase after reaching all-time highs, which began in early 2025 following a significant price correction. Recent data shows that all wallet sizes are contributing to this selling trend. Both large and small holders have reduced their positions, especially