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Glassnode: Bitcoin Long-Term Holder Supply Ratio Declines

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2025-07-30 08:38:48
The supply ratio of long-term holders to short-term holders (LTH/STH) fell by 11% in 30 days, according to Glassnode data, indicating a continued shift towards the liquid market. Meanwhile, the market share of Ethereum futures unpositioned squaring contracts rose to nearly 40%, the highest level since April 2023, indicating a shift in investor attention from Bitcoin to Ethereum. This data is at an all-time high of 5%.
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