Veteran Selling Starts marks a market phase where long-term holders of a digital asset, often referred to as “veterans” or “smart money,” begin to liquidate significant portions of their positions. This behavior typically occurs after a substantial price increase, indicating profit-taking or a belief that the asset has reached a temporary peak. It can precede a period of price consolidation or correction.
Context
In cryptocurrency news, reports of “Veteran Selling Starts” are closely watched as a potential indicator of impending market shifts for digital assets. On-chain analysis tools track the movement of coins held by long-term addresses to identify this trend. Such selling can signal a change in market sentiment among experienced participants, providing valuable context for understanding price action and future market direction.
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