Coin Market Solution logo Coin Market Solution logo
The Daily Hodl 2021-11-24 23:05:36

Analytics Firm Glassnode Issues Warning to Bitcoin Traders, Says Underwater BTC Positions Could Ignite Sell-Offs

A significant portion of Bitcoin’s supply was sold at a higher price than BTC is currently trading, which could be a bearish indicator for the largest digital asset according to the crypto analytics firm Glassnode. Bitcoin is trading at $57,377.69 at time of writing and is down about 4.5% from where it was priced a […]The post Analytics Firm Glassnode Issues Warning to Bitcoin Traders, Says Underwater BTC Positions Could Ignite Sell-Offs appeared first on The Daily Hodl.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.