Let's summarize the latest Glassnode analysis:. #Bitcoin price has declined in the last two years.
25 Jan 2023, 11:05
Let's summarize the latest Glassnode analysis:
👉 #Bitcoin price has declined in the last two years
👉 Share of #Bitcoin holders [0-10 Bitcoins] has increased by 4.4%
What does this mean? 🤔
👉 Speculators have left the market
👉 More and more believers have entered the market
The percent of circulating supply held by retail sized entities [0-10 BTC] has seen a marked acceleration higher following the LUNA Collapse.
Retail entities now hold 17.1% of the Circulating Supply, recording a 4.4% increase over the past eight months.