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The Daily Hodl 2024-03-12 18:05:32

Massive Transfer of Bitcoin Wealth Underway As Investor Sentiment Edges Closer to Euphoria: Analytics Firm Glassnode

Top analytics firm Glassnode says that a transfer of wealth is occurring within Bitcoin (BTC) as coins move from long-term holders to new speculators attempting to trade the current bull market. In a new report, Glassnode says that as Bitcoin breaks another all-time high, speculators have arrived to open leveraged futures positions, often buying their The post Massive Transfer of Bitcoin Wealth Underway As Investor Sentiment Edges Closer to Euphoria: Analytics Firm Glassnode appeared first on The Daily Hodl .

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