Longer-term Bitcoin holder losses hit two year lows

Longer-term Bitcoin holder losses hit two year lows
фото показано с : cointelegraph.com

2022-6-7 08:22

Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse.

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losses bitcoin glassnode believes bear previous markets

Источник: cointelegraph.com

losses bitcoin → Результатов: 126


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Bitcoin Long-Term Holders Buy The Blood, Snatch Up 70,000 BTC

Glassnode data has revealed that Bitcoin long-term holders are taking advantage of the cryptocurrency’s lower price to significantly increase their holdings. This accumulation further strengthens the belief that this group of Bitcoin investors anticipate a potential upside for Bitcoin despite its recent volatility.

What’s pushing down Bitcoin’s hodler balances?

Glassnode’s hodler net position change metric offers a granular view into the behavior of Bitcoin’s long-term investors. The metric is calculated by tracking the inflows and outflows from wallets categorized as holders — or those who have been “holding on for dear life” for a very long time.