glassnode: Small and medium BTC holders are actively accumulating, while large holders are slowing down their selling
Foresight News reported, citing glassnode data, that small and medium-sized bitcoin holders (holding 1-1000 BTC) are aggressively accumulating, while large holders are slowing down their selling. Despite recent market volatility, this holding behavior indicates that investor confidence is recovering.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. stocks closed higher with all three major indexes up, while XPeng Motors fell nearly 8%
The Dow Jones Index closed up by 185.13 points, with the S&P 500 and Nasdaq also rising.
The US Dollar Index fell by 0.06%, closing at 99.357.
Data: ZEC drops over 15% in 24 hours, TNSR rises over 11%
