According to @caprioleio, multi-year Bitcoin holders are selling, driving long-term holder (LTH) metrics lower while institutions are buying, creating opposing supply-demand forces that traders should track for positioning (source: @caprioleio on X). For execution, monitor the balance between declining on-chain LTH supply and signs of institutional accumulation to gauge near-term directional risk and volatility in BTC (source: @caprioleio on X).