✉news BusinessCrypto first seen 1 d ago, last 2 h ago, peak #2
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
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 finding suggests holders who were underwater are choosing to exit rather than wait for further gains, adding supply pressure near key psychological price points. Traders are watching whether this profit-and-loss-driven selling slows bitcoin's momentum.
Why now: Bitcoin's price is nearing levels where last year's buyers break even, triggering selling that could shape the market's next move.
Evidence
- Bitcoin Investors Who Bought Last Year's Rally Are Selling As Price Nears Their Break-Even, Glassnode Says · Yahoo Finance
- 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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