Glassnode: Long-term holders-led exchange inflows, 65 per cent negative Loss

According to Glassnode data, more than 65 per cent of the exchanges currently flowed from long-term holders, who were running a loss. This phenomenon coincided with the previous stage of the bear market, when the group dominated the sale, which eventually led to the depletion of the pressure. As long as this proportion does not begin to shrink, structural sales pressure from top-cycle buyers will remain the dominant force in exchange flows。