Category: long term holders
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Navigating the Bitcoin Halving: Glassnode Report Discusses a New Trading Landscape
Glassnode Insights Into Long-Term Bitcoin Holders Reveal 228% Average Unrealized Gain
‘Extreme demand’ for BTC at $20K creating new support levels: Glassnode
The latest analysis by Glassnode suggests that the worst of the sell-offs could be concluded, but the market still needs time to recover.
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Longer-term Bitcoin holder losses hit two year lows
Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse.
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Monster-Sized Bitcoin Whale Transfers: Blockchain Parser Catches Significant Amounts of ‘Cold BTC’ Moved to Active Exchanges
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After BTC Slid by 14%, Onchain Analyst Says a US Based Institution Is Currently Buying the Dip
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BTC’s ‘Hands of Steel’- 37% of Bitcoin’s Supply Hasn’t Moved Since 2017, 55% Sat Idle After 2018’s Bottom
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Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits
According to data, bitcoin balances on exchanges are shrinking a great deal and have dropped to levels not seen in two years. Arcane Research detailed that charts showing the number of bitcoin leaving exchanges has seen a sharp decline and has been “one of the main stories of the year.” Meanwhile, onchain metrics indicate a […]
The post Bitcoin on Exchanges Drop to Lows Not Seen Since 2018, Long-Term Holders Realize Profits appeared first on Bitcoin News.
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Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market
A recent Glassnode report says some long-term holders (LTHs) of bitcoin offloaded part of their holdings and cashed out their profits during a bull-run. Still, the report explains that the sell-off, which has been noticeable since late November, is not necessarily a sign of an approaching bear market. Instead, as the data shows, BTC is […]
The post Report: November Sell-off by Long Term BTC Holders Does Not Signal an Approaching Bear Market appeared first on Bitcoin News.
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