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Glassnode: Market Gradually Absorbing Selling Pressure from Long-Term Bitcoin Holders
Summary: According to reports, Glassnode has released data on social media indicating that the selling rate of long-term Bitcoin holders has slowed down. Net outflows have decreased from extreme levels, suggesting that the market is gradually absorbing the supply from long-term holders, and a significant portion of the overhead supply pressure may have been largely digested.
According to reports, Glassnode has released data on social media indicating that the selling rate of long-term Bitcoin holders has slowed down. Net outflows have decreased from extreme levels, suggesting that the market is gradually absorbing the supply from long-term holders, and a significant portion of the overhead supply pressure may have been largely digested.
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Link: Glassnode: Market Gradually Absorbing Selling Pressure from Long-Term Bitcoin Holders [Copy]
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Link: Glassnode: Market Gradually Absorbing Selling Pressure from Long-Term Bitcoin Holders [Copy]
