Glassnode: Long-term bitcoin holders return to hoarding mode for the first time since December
2024-05-29 10:18:00
On May 29, according to Glassnode's latest weekly report, the selling pressure of long-term bitcoin holders has cooled significantly, and these investors are returning to the hoarding mode, starting to re-hoard tokens for the first time since December 2023. Analysts also pointed out that the price movement of bitcoin in the past three months has been more moderate than in previous bull cycles.
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