
Glassnode: Bitcoin Capital Shifts to New Holders as Spot and ETF Buyers Stay Away
- —Bitcoin trades near $82,000, holding above $80,000 for the week
- —Glassnode on-chain data points to capital redistribution among holders
- —Spot and ETF buyers remain absent, trading volumes are subdued
- —$82,500 is the key breakout level traders are watching
Why it matters: Without fresh spot and ETF inflows, a break above $82,500 looks unlikely and the market risks further consolidation.
Source: Coinfomania