✉news BusinessCrypto first seen 7 h ago, last 36 min ago, peak #5
Bitcoin Buyers From Last Year's Rally Selling Near Break-Even, Glassnode Says
Original: Bitcoin Investors Who Bought Last Year's Rally Are Selling As Price Nears Their Break-Even, Glassnode Says
On-chain analytics firm Glassnode reports that investors who purchased Bitcoin during last year's rally are offloading their holdings as the price approaches their break-even levels. The pattern suggests these buyers are reluctant to hold through further volatility and are exiting once losses shrink. Market watchers see the selling as a sign of fragile confidence among retail holders, even as longer-term investors continue to accumulate.
Why now: Bitcoin's price is moving back toward levels where last year's buyers entered, prompting visible on-chain selling.
Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 36 min ago.
Evidence
- Bitcoin Investors Who Bought Last Year's Rally Are Selling As Price Nears Their Break-Even, Glassnode Says · Stocktwits
- Bitcoin Investors Who Bought Last Year's Rally Are Selling As Price Nears Their Break-Even, Glassnode Says · tradingview.com
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