It's more of a structural change, newer buyers taking the place of old sellers. Part of me doesn't see it much as a good sign, since my mind akins it to founder(s) exiting the company for new management lol.
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I appreciate your concerns about founders exiting a project, as it usually is a very bad sign. Fortunately these are hodlers cashing out and newer buyers are expected to buy this bitcoin.
Yes, I think there's enough staying power for Bitcoin that this wouldn't be much of a problem. Besides, maybe these sellers are only taking some profits and not entirely exiting.