Bitcoin LTH Selling Cools: Is Months-Long Distribution Finally Ending?

On-chain data shows Bitcoin long-term holders (LTHs) have seen their netflow rise recently, a sign that selling pressure from diamond hands is easing. Bitcoin LTH Net Position Change Is Becoming Less Negative In a new LTHs. This cohort represents one of the two main divisions of the BTC market done on the basis of holding… Continue reading Bitcoin LTH Selling Cools: Is Months-Long Distribution Finally Ending?

Bitcoin HODLer Selloff Ending? LTH Outflows Decline

On-chain data shows the Bitcoin long-term holder outflows have been declining recently, a potential sign that selling pressure may be fading. Bitcoin Long-Term Holder Netflow Is Getting Less Negative In a new long-term holders (LTHs). The LTHs refer to BTC investors who have been holding onto their coins for a period longer than 155 days.… Continue reading Bitcoin HODLer Selloff Ending? LTH Outflows Decline

Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?

Bitcoin is down at press time, wiping the weekend’s gains and inching closer to $60,000. If bears press on, increasing their shorts, the odds of the coin sliding below the psychological number and $56,800 remain high. Glassnode: STHs Are In Red As the world’s most valuable coin finds itself at a critical juncture, fast approaching… Continue reading Bitcoin Is Up 2X But Speculators Are Underwater: Will The Sell-off Continue?