
Glassnode: Recent altcoin buyers are selling at a loss again
- —Late-September profitable altcoin selling was the strongest since December 2024
- —A month later most recent buyers are selling below their entry price
- —Bitcoin was roughly flat over the same period
Why it matters: Weakness among recent altcoin buyers points to fragile demand and risks further downside pressure on altcoins.
Source: Koin Bülteni