Glassnode: Recent buyers have exited the strong distribution zone, with the share of profitable short-term holder supply dropping to around 70%.
According to Glassnode, recent BTC buyers have exited the strong distribution zone. In late September, nearly all short-term holder supply was in profit, but this proportion has now dropped to approximately 70%. For buyers expecting the upward trend to continue, the current entry timing is significantly better than it was a month ago.
