It's been 3-4 months since the last post I made on LTHS (long term holder supply) in which I showed that LTH (long term holders) had been net distributing on the rise from 68k-110k BTC. This distribution almost always occurs during impulsive PA as long term holders sell into pumps. This is normal/expected (see quoted tweet) in bull markets. We can see that the selling continued aggressively into 110k but then began to slow (but continue) into March. As of April, LTH have officially begun accumulating BTC once more. For the last 7 months long term holders sold into the rip. Now, they're buying the dip. BTC