Long-term bitcoin investors realise hefty losses, says Glassnode
Bitcoin’s drop to $60,000 put psychological pressure on long-term holders comparable to Terra’s May 2022 collapse, Glassnode said.Glassnode is a blockchain data and intelligence platform providing insights into cryptocurrency markets.
Long-term bitcoin investors realise hefty losses, says Glassnode
Bitcoin’s drop to $60,000 put psychological pressure on long-term holders comparable to Terra’s May 2022 collapse, Glassnode said.
Glassnode Calls Bitcoin’s Current Drawdown ‘Moderate’
Glassnode says the current crypto market structure resembles 2015–17, marked by “moderate drawdowns”.
Glassnode Identifies $83,400 as Bitcoin’s Last Support Before Potential Price Drop
Glassnode analysts have observed the consolidation of the leading cryptocurrency's prices near key on-chain levels. The market requires confirmation of demand to avoid further structural weakening and a price decline.
Analysts Observe Crypto Market Recovery and Leverage Reduction
Experts from Coinbase Institutional and Glassnode have noted a market recovery following October deleveraging.
Bitcoin Faces Shift as Long-Term Holders Exit Amid Record Sales
The CryptoQuant analyst known as Kripto Mevsimi has described 2024-2025 as a period of the "largest release" of long-term Bitcoin supply in history.
Analysts Spot Signs of Recovery in Bitcoin’s Spot Market
Glassnode analysts see an improving spot market for bitcoin as volumes rise and selling pressure eases.
Glassnode Records Doubling of New Ethereum User Growth
Glassnode researchers observed a doubling in Ethereum’s activity-retention metric.
Institutional Investors Resume Bitcoin Purchases Amid Volatility Risks
The leading cryptocurrency is consolidating amidst low volatility. This current calm conceals the market's "fragility" and the lack of a clear price direction.
Weak Institutional Demand Dampens Ethereum’s Growth Prospects
The Coinbase Premium Gap index for Ethereum has turned negative, indicating weak demand from American institutional investors.
Bitcoin’s Short-Term Holders Face Losses
New investors in the leading cryptocurrency are incurring losses as the asset has been trading below their average entry price for over a month.
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