glassnode: The intensity of BTC selling is weakening
Foresight News reports that glassnode data charts show that after months of continuous net selling, the net position change of Long-Term Holders (LTH) is now beginning to stabilize. This indicates that as bitcoin prices become more stable, the selling pressure from experienced holders is easing. Resistance in BTC supply remains, but the intensity of selling is decreasing.
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.
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