Discover the Latest Bitcoin Market Trends
Exciting news from Glassnode! Long-term holders are now selling to new investors at higher prices, injecting fresh capital into the asset class and driving the realized cap to new heights.
The realized cap, a metric representing cumulative USD liquidity stored in the asset class, has also surged to a record high of $540 billion. What’s more, it is increasing at an unprecedented rate of over $79 billion per month!
Don’t miss out on the latest data insights. Glassnode’s analysis reveals a distinct shift in investor behavior patterns, with a sharp increase in coin-ages younger than three months. New investors now own around 44% of the aggregate network wealth.
“Long-Term Holders are well into their distribution cycle, realizing profits, and re-awakening dormant supply to satisfy new demand at higher prices.”
Get ahead of the curve with Glassnode’s Realized Cap HODL Wave metric, which provides valuable insights into the distribution of USD-denominated wealth across various age bands.
Stay Informed on BTC Correction and Market Trends
While Bitcoin experiences a correction of 10%, Glassnode’s analysis highlights key market trends and investor behaviors. Stay informed and navigate the market with confidence!
As BTC hovers around $65,000, there’s a buzz of excitement in the air. Despite recent market fluctuations, the potential for growth and new opportunities remains high.
Exciting Developments Across Crypto Markets
Dive into the world of cryptocurrencies and explore the latest updates. Total market cap is down 3% to $2.65 trillion, with altcoins showing mixed movement patterns.
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