Long-Term Holders Largely Unfazed as Bitcoin Mean Reversion Index Sits in Deep Value Zone

Odaily News: On-chain analyst Checkmate noted that Bitcoin's mean reversion index during the current sell-off stands at Q18, the bottom 18% of the distribution range, below the Q20 deep value zone threshold. This marks Bitcoin's fourth capitulation sell-off since its all-time high, with daily sell volume rising from about $420 million to over $850 million, more than 85% of which came from investors who recently bought at the $80,000 high. By contrast, long-term holders remain mostly in profit and have largely not sold.