Since September, 507,000 BTC Sold by Long-Term Holders, Glassnode Data Reveals
Bitcoin’s price surge toward $100,000 has triggered record-breaking profit realization and intensified distribution activity among long-term holders, according to Glassnode and its researchers, Ukuria OC and Cryptovizart. Glassnode Insights: Bitcoin’s Rally Reveals a Record $2 Billion in Daily Profits As bitcoin (BTC) prices edge closer to six figures, long-term holders are actively redistributing their holdings. […]
Go to Source
Author: Jamie Redman
Related posts:
- Glassnode Report Highlights Diverging Performance Between Bitcoin and Ethereum
- Analysis of Long-Term ‘Diamond Hand’ Bitcoin Holders Reveals Market Insights: Glassnode
- Report Highlights Short-Term Bitcoin Holders Facing Heightened Unrealized Losses
- Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience