Bitcoin Investors Shift to Strong Distribution as Demand Declines, Insights from Glassnode on Market Trends and Trading Strategies
Glassnode, an on-chain analytics firm, recently reported a notable shift in Bitcoin investor behavior towards distribution. The Bitcoin Accumulation Trend Score, which measures how much Bitcoin investors are adding to their holdings, has been low, indicating that rather than accumulating, many are selling off their assets. The chart shared by Glassnode shows that while there ...