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Glassnode: Bitcoin Long-Term Holder Supply Ratio Declines, Funds Continuously Flowing to Circulating Market

Summary: According to reports, Glassnode data shows that the Bitcoin Long-Term Holder to Short-Term Holder supply ratio (LTH/STH) has decreased by 11% in the past 30 days, indicating funds are continuously shifting towards the circulating market. Meanwhile, the market share of open interest in Ethereum futures contracts has risen to nearly 40%, reaching the highest level ...

According to reports, Glassnode data shows that the Bitcoin Long-Term Holder to Short-Term Holder supply ratio (LTH/STH) has decreased by 11% in the past 30 days, indicating funds are continuously shifting towards the circulating market. Meanwhile, the market share of open interest in Ethereum futures contracts has risen to nearly 40%, reaching the highest level since April 2023, showing investor attention shifting from Bitcoin to Ethereum. This data is at a historically high level in the top 5%.

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Link: Glassnode: Bitcoin Long-Term Holder Supply Ratio Declines, Funds Continuously Flowing to Circulating Market [Copy]

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