Glassnode: Medium-scale Bitcoin holders are accumulating heavily, with new structural demand emerging in the market
Jinse Finance reported that Glassnode posted on X, stating that medium-scale bitcoin holders are actively accumulating, the selling behavior of whales (large holders) has eased, while small-scale holders remain neutral. Although some large holders are still selling, this phenomenon indicates that new structural demand is emerging in the market.
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%
Trending news
MoreCrypto prices
More
