Glassnode: Bitcoin Buyers at $97K and $89K Start Offloading Coins
- —Sellers include buyers at $97K (1–2 years ago) and $89K (6–12 months ago)
- —Selling pressure is highest among those who bought during the 2025 rally
- —Investors who bought during price declines are holding positions
- —Bitcoin is testing key support levels as supply rises
Why it matters: Rising sales from buyers near recent highs could amplify volatility and decide whether Bitcoin holds current support levels.
Source: Coinfomania
More on this
Markets · Sep 29Glassnode: Bitcoin holds above $84K with $95K–$97K as next resistance
Markets · Sep 23Kalshi Traders Price Bitcoin Peak at $97K in 2026, See $100K as Coin Flip
Markets · Sep 22Glassnode: Bitcoin MVRV Reclaims 365-Day Average, Momentum Signal Seen at Start of Past Two Bull Markets