glassnode: Whale Sell-Off Slows Down, New Structural Demand Emerging
Foresight News reported that glassnode tweeted that the trend accumulation score shows that medium-sized BTC holders are strongly accumulating, whale distribution has slowed down, and smaller whales remain neutral. This indicates that although large holders continue to sell, new structural demand is emerging.
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.
You may also like
Asset management firm: US stock market is overvalued, maintain a cautious stance
JPMorgan: U.S. stock rally may be difficult to sustain after Fed rate cuts
Data: "1011 Insider Whale" holds $170 millions in ETH, with an unrealized profit of $4.592 millions
Trending news
MoreCrypto prices
More
