Glassnode: Bitcoin Long-Term Holder / Short-Term Holder Supply Ratio Drops Significantly, Showing Signs of Profit Taking

Glassnode data shows that the supply ratio of long-term Bitcoin holders to short-term holders has decreased significantly, and the 30-day change rate has shifted from accumulation to distribution, indicating early signs of profit-taking in the market. After months of steady inflows from long-term holders and rising prices, this may mark a turning point in the market. This indicator is worth watching to determine if the trend is reversing. [Foresight News]