Bitcoin’s price had just topped $21,000 at the time of writing — meaning around 45% of BTC holders have an “on-paper loss,” according to Glassnode.
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Glassnode: Bitcoin LTHs Who Bought During 2017-2020 Aren’t Selling Yet
Data from Glassnode shows the recent selling from Bitcoin long-term holders has come from those who bought at more recent prices, and not the hodlers
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Capitulation ongoing but markets not at the bottom yet: Glassnode
While many indicators suggest that the market bottom may be close, time will be the ultimate determinant, according to a new report from Glassnode.
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Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion
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Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
Active addresses, entities, and transactions on the Bitcoin network are all moving sideways while the number of wallets holding at least some of the assets
Read moreMining Operators Fret As Bitcoin Looses Ground, What Lies Ahead For The Mining Community
Bitcoin and other altcoins have suffered massive losses since May. But after a point, things started changing a bit. For example, bitcoin that fell to
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