Glassnode: Bitcoin Long-Term Holders Accumulate for the First Time Since December 2023
Glassnode: Bitcoin Long-Term Holders Accumulate for the First Time Since December 2023
Glassnode: Bitcoin Long-Term Holders Accumulate for the First Time Since December 2023

According to data from Glassnode, long-term Bitcoin investors have started accumulating Bitcoin again for the first time since December 2023 after months of selling off. Analysts at the company pointed out in their weekly report that the spending pressure of long-term holders has significantly eased in the past week, signaling a return to accumulation mode for investors – indicating that market volatility is needed to trigger a new wave of selling.

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