Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

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Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode Reveals

   Bitcoin Cryptocurrency Glassnode Report investor behavior long term holders Market Analysis Market Volatility News profit taking short-term holders    August 23, 2024  |  0

Bitcoin Investors Face Diverging Fortunes as Long-Term Holders Stay Steady, Glassnode RevealsBitcoin’s market dominance has reached 56% as long-term holders continue to accumulate despite turbulent market conditions, according to a comprehensive report by Glassnode. The latest onchain report highlights a divergence in investor behavior, with short-term holders bearing the brunt of recent losses. Long-Term Bitcoin Holders Show Resilience, Averaging $138M in Daily Profits, Says Glassnode Glassnode‘s […]  Read more »
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