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Glassnode analysis reveals a significant supply overhang for Bitcoin, with nearly 495,000 BTC held at cost bases above $80,000. These underwater investors act as resistance, likely capping recovery r…
Bitcoin faces persistent selling pressure due to a significant supply overhang, with prices unlikely to break above $100,000 soon. Recent inflows indicate structural downside risks, potentially leadi…
Bitcoin faces resistance near $98,400 due to supply overhang from short-term holders, causing current price consolidation around $89,100 with sell pressure limiting breakout above $100,000.
On-chain data shows 6.6 million BTC are held below cost basis, signaling potential volatility and selling pressure if Bitcoin price rebounds toward those investors' break-even levels.
Arkham identified 45,060 BTC tied to Movie2K that German authorities missed, worth about $5 billion now. If prosecutors prove illicit ownership and seize the coins, future sales could add large suppl…