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Bitcoin Sell-Side Risk Plunges to Record Lows as Accumulation Builds

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Glassnode data reveals Bitcoin's sell-side risk ratio dropped to historic lows near seven in September as profit-taking cooled.
  • Long-term holders are selling significantly less while holding August gains, signaling an accumulation phase and low sell-side pressure as ETF investors eye the $86,000 breakeven level.
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BTCUSD price history

79223.22 +20.25% over the displayed period

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