Hello frens!

Market recap.

I've been taking a break from crypto for 2 weeks. Now back to our Casino. 

This GlassNode BTC metric is called The Accumulation Trend Score and it reflects relative size of entities that are actively accumulating coins on-chain in terms of their BTC holdings. In other words it shows accumulation behavior on-chain. For the first time since Oct 2024 the market in general has switched into net distribution mode, meaning more coins are being sold. A lot of BTC holders are selling. This is not looking good because it might take some time to resume uptrend from here.