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Kiswahili

Glassnode: Selling pressure from short-term Bitcoin holders appears, and some buyers are at a loss

PANews reported on October 3 that according to Glassnode monitoring, in the current Bitcoin market, investors who previously bought at high prices are selling. The data shows that there are two groups currently at a loss: one is investors who bought 1 to 2 years ago at a price of US$97,000, and the other is investors who bought 6 to 12 months ago at a price of US$89,000. The analysis pointed out that investors who entered the market during the market rise in 2025 currently sell the largest number of Bitcoins every day, while those investors who bought the bottom during the market decline showed a strong willingness to hold and did not sell on a large scale.

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