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
Ripple completes approximately $500 million secondary market share sale, valuation around $40 billion
The most optimistic US stock market forecaster expects the S&P 500 to rise by 18% next year.
VMS launches WLGC Global Free Finance Protocol
