Bitcoin sell-side risk fell below half its August peak, CryptoSlate reports, citing Glassnode
CryptoSlate says long-term holders’ share of realized profit dropped from 88% to 47%, but aggressive selling still outweighed buying on exchanges.
TLDR
In reporting shared September 10, CryptoSlate says Bitcoin’s onchain sell-side risk fell 56% from its August peak, citing Glassnode. The publisher says long-term holders’ share of realized profit dropped from 88% to 47%, while aggressive selling on exchanges still outweighed buying.
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