Bitget App
Trade smarter
Glassnode: Decline in Bitcoin Long-Term Holder Supply Ratio
View original
According to Jinse Finance, Glassnode data shows that the supply ratio of long-term holders to short-term holders (LTH/STH) for Bitcoin has dropped by 11% over the past 30 days, indicating a continued shift of funds into the circulating market. Meanwhile, Ethereum futures open interest market share has risen to nearly 40%, reaching its highest level since April 2023, suggesting that investor attention is shifting from Bitcoin to Ethereum. This data is within the top 5% of historical highs.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$115,384.63
-2.48%
Ethereum
ETH
$3,663.82
-5.06%
XRP
XRP
$2.95
-5.98%
Tether USDt
USDT
$0.9999
+0.01%
BNB
BNB
$774.15
-3.32%
Solana
SOL
$168.38
-6.78%
USDC
USDC
$0.9999
+0.01%
Dogecoin
DOGE
$0.2051
-7.99%
TRON
TRX
$0.3251
-0.37%
Cardano
ADA
$0.7219
-7.41%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now