Glassnode: Recent buyers have exited the strong distribution zone, with the share of profitable short-term holder supply dropping to around 70%.
Oct 27, 11:27
On Oct. 27, according to Glassnode, recent BTC buyers have exited the strong selling zone. In late September, nearly all short-term holder supply was in profit, but currently, this ratio has dropped to approximately 70%. For buyers anticipating the continuation of the upward trend, the current entry timing is significantly better compared to a month ago.
