Mmastodon BusinessCrypto first seen 21 h ago, last 20 h ago, peak #3
Glassnode data shows Bitcoin's 2024 buyers selling into rally
Original: Glassnode-Daten (Top-Käufer verkaufen) Daten zeigen, dass Investoren, die vor 1 bis 2 Jahren eingestiegen sind (Top-Käuf
Glassnode on-chain data indicates that investors who bought Bitcoin one to two years ago, at prices above current levels, are stepping up selling of their positions. German-speaking crypto commentators warn this could create selling pressure in the roughly $89,100 to $97,000 range, with traders watching whether that zone holds as resistance or gets absorbed by new demand.
Why now: Bitcoin traders are assessing whether long-term holders' selling could cap the current price move.
Rank over time, top of the chart is #1. 3 snapshots from 21 h ago to 20 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/1100328