Glassnode: The proportion of losses for the group holding Bitcoin for 3-6 months has risen to 19.4%
Odaily Planet Daily reports that Glassnode posted an analysis on the X platform stating that compared to several large-scale Bitcoin sell-offs this year, losses are now spreading to groups who bought cryptocurrencies earlier, especially those who have held Bitcoin for 3 to 6 months. The proportion of losses for these mid-term holders has risen from 0.8% on February 27th to 19.4% on April 7th.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Terminal Finance: Project shuts down due to delays in the Converge chain, protocol codebase to be open-sourced later
Cathie Wood remains optimistic about bitcoin's $1.5 million price target