Bitcoin short-term holders are finally chilling out.
After weeks of aggressive profit-taking near the $123K peak, new Glassnode data shows that spending activity from recent buyers has cooled off – a signal that the worst of the post-ATH dump might be behind us.
That’s a big deal. When short-term holders stop rushing for the exits, it gives long-term buyers room to accumulate without fighting constant sell pressure. In other words, the bull cycle gets to breathe again.
On top of that, 70% of STH supply is still in profit, signaling that recent buyers haven’t been shaken out.
Glassnode called it a ‘relatively balanced position’ that aligns with the mid-phase of previous bull markets. In other words, it’s not euphoric, but far from bearish.
If the risk-on mood returns, $MAXI could be the first to benefit.
Born in the gym and raised on caffeine, $MAXI captures the raw spirit of bull market insanity: no sleep, only pumps.
Built on Ethereum, $MAXI trades at just $0.000251 and has already raised over $440K in its presale.
For the true believers, staking offers a wild 593% APY.
Unlike some meme coins that awkwardly bolt on utility, $MAXI embraces its purpose: pure, unfiltered meme adrenaline. Its branding leans all the way in: 1000x trades, rage-fueled lifts, and enough testosterone to break TradingView.
Compared to $DOGE and $SHIB, which launched with nothing but vibes, $MAXI enters the arena with a fully-formed identity and roadmap. It’s not a meme, it’s a movement.
Bitcoin’s cooling profit-taking marks a shift: not into fear, but into calm. That’s bullish. When the selling slows and accumulation picks up, meme coins tend to ride the next wave of risk-on sentiment.
Sure, it’s absurd. But that’s the point. In a market driven by vibes and volume, $MAXI might just be the one bench-pressing the others off the chart.