How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals
The on-chain analytics firm Glassnode has explained how Bitcoin investor behavior tends to reflect in price trend reversals and continuations. Glassnode Highlights Key Behavioral Patterns Behind Bitcoin Moves In a new thread on X, Glassnode has shared a new way to categorize Bitcoin investors based on their on-chain spending patterns. Under this indicator, called the Supply by Investor Behavior, there are five cohorts: Conviction Buyers, First Buyers, Momentum Buyers, Loss Sellers, and Profit Takers. First Buyers, Loss Sellers, and Profit Takers are pretty self-explanatory. Conviction....
Related News
On-chain data shows a large portion of the Ethereum market cap was acquired near the current price, making ETH’s position potentially fragile. $123 Billion In Ethereum Market Cap Sits Close To Cost Basis As explained by the on-chain analytics firm Glassnode in a new post on X, the largest share of the Ethereum market cap is currently above the spot price by just 0 to 20%. Related Reading: How Does Bitcoin Investor Behavior Shape Trends? Glassnode Reveals The indicator of relevance here is the “Market Cap by Profit and Loss,” which tells us about how much of the ETH market....
The on-chain analytics firm Glassnode has explained how the investors who bought at the Bitcoin top are showing conviction, not capitulation. 3 To 6 Months Old Bitcoin Buyers Have Been Holding Strong Recently In a new post on X, the on-chain analytics firm Glassnode has discussed a couple of Bitcoin investor cohorts. One of these […]
Latest data from Glassnode shows investors in the Bitcoin market have shown strong accumulation behavior recently. Bitcoin Holders Show Strong Accumulation For First Time In Months As per the latest weekly report from Glassnode, the BTC accumulation trend score has shown a value of more than 0.9 in the past couple of weeks. The “accumulation […]
The on-chain analytics firm Glassnode has revealed how the large Bitcoin investors have been buying during this price rally so far. Accumulation Trend Score Suggests Strong Buying From Mega Whales In a new post on X, Glassnode has discussed about how the Accumulation Trend Score has changed for the different Bitcoin investor cohorts recently. The “Accumulation Trend Score” refers to an on-chain indicator that basically tells us about whether the BTC holders are buying or selling. The metric calculates its value by not only making use of the balance changes happening in the....
The on-chain analytics firm Glassnode has revealed how Solana has recently shown more resilience than Bitcoin and Ethereum in this indicator. Solana Has Seen A Smaller Decline In Hot Capital Than Bitcoin & Ethereum In a new post on X, Glassnode discusses how the various top coins in the cryptocurrency sector have performed in terms […]