glassnode
@glassnode
Digital asset data, analytics, and research.
Joined July 2018
61 Following 606.8K Followers
As price spiked from $78k to $80k, the 2Y-3Y holder cohort, those who accumulated ahead of the ETF launch, ramped up profit-taking to over $209M/hr, realizing 60%-100% in gains.
Long-term holders are using this strength to exit into liquidity.
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