In the thrilling world of finance, Bitcoin long-term holders are showcasing a shift in behavior, holding onto their coins despite a price dip. According to recent research from Glassnode, these investors are showing reduced sell-side pressure, signaling a unique market dynamic.
As new Bitcoin whales aggressively accumulate, CryptoQuant data suggests renewed faith in Bitcoin's long-term potential. While some insiders remain optimistic, others, like CryptoQuant's Ki Young Ju, predict a bearish period ahead. The saga continues as the crypto market watches these unfolding dynamics!