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Bitcoin Realized Cap Growth of $12.8 Billion Relied on Existing Holders: Glassnode
Bitcoin’s realized cap rise in the 30 days to Oct. 5 came mostly from existing holders, not fresh capital, Glassnode data showed.
5 Articles
5 Articles
Bitcoin ‘New Money’ Inflows Nearly $5B as BTC Rally Pauses
Bitcoin’s latest bounce has been supported more by internal market rotation than by fresh outside capital, according to on-chain research cited in Glassnode’s “The Week Onchain” newsletter. The distinction matters for traders and long-term investors because rallies driven mainly by existing holders can stall quickly when newer buyers start taking profits. Glassnode data shows “new [...]
Glassnode analysis points out that the new capital in Bitcoin totaled $4.9 billion in 30 days, below the recent valuation of the price
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Total News Sources5
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Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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