✉news BusinessCrypto first seen 23 h ago, last 1 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 pattern suggests holders who were underwater are taking the chance to exit without losses, adding selling pressure near those price levels as the market watches how Bitcoin responds.
Why now: Traders are watching whether break-even sellers will cap Bitcoin's current price move.
Rank over time, top of the chart is #1. 16 snapshots from 23 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 · 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
API: https://socialmediatrends-api.osmike.com/v1/trends/870936