The latest onchain report from the analytics firm Glassnode highlights a resurgence in the holding (referred to as ‘HODLing’ in the report) behavior among bitcoin market participants, particularly long-term holders, despite the ongoing market volatility. Onchain data reveals that, following months of significant distribution pressure, the trend is now shifting back toward accumulation. Report Shows […]
Original
Related posts
-
Bitcoin (BTC) Price May Turn Lower as Crypto Exchanges See $1B of Tether (USDT) Withdrawal
“In recent cases where withdrawals exceeded $1 billion, bitcoin began a downtrend soon after, suggesting investors... -
Bitcoin is bullish because rate cuts are coming: Bitfinex
Analysts at Bitfinex suggest that the latest Consumer Price Index (CPI) data aligns with expectations, bolstering... -
What could this mean for Bitcoin?
Will Bitcoin’s price hold above critical support levels as the market digests cooling inflation and yen...