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Glassnode Analysis: Long-Term BTC Holders Stable, Short-Term Investors Brace for Volatility.

🥝 Bitcoin rallied from US$16,500 in 2022 to US$73,750 by March 2024, delivering a return of over 300%.
🥝 Despite recent challenges, Bitcoin has been somewhat stable, with prices fluctuating within a US$15,000 range.
🥝 While most Bitcoin investors remain in profit, those holding short-term face the greatest unrealised losses.
🥝 Meanwhile, Long-Term Holders are slowing their coin sales as new supplies mature, signalling further market slow-down.

Glassnode Analysis: Long-Term BTC Holders Stable, Short-Term Investors Brace for Volatility.

🥝 Bitcoin rallied from US$16,500 in 2022 to US$73,750 by March 2024, delivering a return of over 300%.
🥝 Despite recent challenges, Bitcoin has been somewhat stable, with prices fluctuating within a US$15,000 range.
🥝 While most Bitcoin investors remain in profit, those holding short-term face the greatest unrealised losses.
🥝 Meanwhile, Long-Term Holders are slowing their coin sales as new supplies mature, signalling further market slow-down.

https://cryptonews.com.au/news/glassnode-analysis-long-term-btc-holders-stable-short-term-investors-brace-for-volatility-123182/

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Solana is currently centralised, and this is a big problem to build the case for Solana ETF