With Bitcoin near $87,100, speculation in altcoins had already peaked.
This assessment comes from Glassnode, according to BeInCrypto. The same data also shows that short-term holders sold most tokens at a loss.
· Taken together, the two signals show that speculative fervor peaked at a different time than the cost basis of recent buyers.
· The findings are based on Glassnode’s methodology; the specific scope and sample size were not detailed in the source material.
When assessing short-term holders’ loss-making sales, would you look first at the distribution of holding periods or cost basis?
This assessment comes from Glassnode, according to BeInCrypto. The same data also shows that short-term holders sold most tokens at a loss.
· Taken together, the two signals show that speculative fervor peaked at a different time than the cost basis of recent buyers.
· The findings are based on Glassnode’s methodology; the specific scope and sample size were not detailed in the source material.
When assessing short-term holders’ loss-making sales, would you look first at the distribution of holding periods or cost basis?
