✉news BusinessCrypto first seen 13 h ago, last 1 h ago, peak #5
Bitcoin Buyers From Last Year's Rally Selling at Break-Even, Glassnode Says
Original: Bitcoin Investors Who Bought Last Year's Rally Are Selling As Price Nears Their Break-Even, Glassnode Says
Blockchain analytics firm Glassnode reports that investors who bought bitcoin during last year's rally are selling as the price approaches their break-even levels. The pattern suggests holders who were underwater are exiting positions once losses narrow, adding supply pressure near those price levels. Traders are watching whether this wave of break-even selling will cap gains or whether new demand can absorb it.
Why now: On-chain data showing break-even selling signals potential price resistance just as bitcoin nears key levels.
Rank over time, top of the chart is #1. 4 snapshots from 5 h ago to 1 h 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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