Glassnode Highlights Potential Sell-Off Risks as Bitcoin Approaches $100,000
The cumulative unrealized profit of long-term investors in the leading cryptocurrency has neared 350%, a level historically associated with increased selling activity. This scenario was outlined by Glassnode. According to experts, this metric will reach a critical level if the price continues to rise to $100,000. Source: Glassnode. “This will require significant demand to absorb […]