Glassnode: Bitcoin's current volatility is at historic lows, with long-term holder supply being a key factor.
Source：
x.com
Glassnode states that Bitcoin's current volatility is at a historical low. According to its analysis, the primary driver of this low volatility is not market capitalization, but rather Bitcoin's holder structure. The explanatory power of long-term holder supply on realized volatility exceeds that of metrics such as market cap, open interest, and turnover rate.
