The Long/Short-Term Holder Supply Ratio of BTC Hits Cycle Low
According to Glassnode data, BTC sell-offs have intensified over the past 30 days, signaling a shift in market sentiment where holding BTC is no longer the default behavior for participants.
The long/short-term holder supply ratio has dropped to 3.78, marking the lowest level in this cycle. This underscores a significant change in the balance between long-term and short-term holders in the market.
#Bitcoin #CryptoMarket #BTC
