Glassnode: Short-term Bitcoin holders are currently showing a profit advantage, with a gain-loss ratio of 1.2

Bitget2024/10/14 13:38

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

ChainCatcher news, Glassnode posted on X stating that short-term Bitcoin holders are currently showing a profit advantage with a gain-loss ratio of 1.2. This indicator recently broke through one standard deviation, higher than its 90-day average, suggesting that investor sentiment may be undergoing positive changes.

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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Glassnode: Short-term Bitcoin holders are currently showing a profit advantage, with a gain-loss ratio of 1.2

You may also like

Crypto prices