Glassnode

Long-term holders have been gradually accumulating Bitcoin (BTC) for nearly two years, according to the crypto analytics firm Glassnode. Glassnode notes in a new tweet that long-term holders have amassed 1.01 million BTC over the past 602 days, bringing that cohort’s total supply to 14.47 million Bitcoin, just 20,000 BTC short of the all-time high. […]

The post Over $450,300,000,000 in BTC Gradually Amassed by Long-Term Bitcoin Holders, Says Analytics Firm Glassnode appeared first on The Daily Hodl.

Bitcoin (BTC) is flying out of crypto exchanges and into the wallets of long-term investors as the king crypto’s halving quickly approaches, reports analytics firm Glassnode. Glassnode says that a steady rate of BTC outflows from exchanges indicates a significant Bitcoin accumulation wave by HODLers, or entities with little history of selling. “The undercurrent of […]

The post Bitcoin Evaporating From Exchanges Into HODLer Wallets As BTC Approaches Halving Date: Glassnode appeared first on The Daily Hodl.

Crypto analytics platform Glassnode says that the regional distribution of Bitcoin (BTC) is seeing notable transformation amid changing investor behaviors. The firm says that the dominance of US entities in the Bitcoin market, which peaked between the years 2020 and 2021, is seeing a significant decline since around the time the price of BTC saw […]

The post US Bitcoin Supply Dominance Falters As BTC Moves to Asia en Masse, According to Crypto Analytics Firm Glassnode appeared first on The Daily Hodl.

Top crypto analytics firm Glassnode says a number of on-chain metrics are now suggesting that Bitcoin (BTC) is getting ready to move into a new price range. In its latest update, Glassnode says that BTC prices are tight and a “volatility spring” has coiled, signaling that Bitcoin is prepared to break out of its current […]

The post Bitcoin Looks Increasingly Ready To Breakout As BTC On-Chain Metrics Reach Boiling Point: Glassnode appeared first on The Daily Hodl.