On-chain data shows Bitcoin long-term holders now hold 78% of the total circulating supply, the highest value the metric has ever seen.
On-chain data shows that the average Bitcoin short-term holder is back in profit as BTC continues the sharp upwards momentum.
On-chain data shows the Bitcoin short-term holder behavior has continued to display divergence from the price in recent weeks.
Data from Glassnode shows the Bitcoin profit in supply held by short-term holders has been going down for 431 days now.
On-chain data suggests the Bitcoin Long-Term Holders are currently putting more selling pressure on the market than short-term holders.
