Glassnode

Bitcoin

2026-10-03 10:43:44

Glassnode says Bitcoin selling pressure is coming from buyers who entered at higher prices

Glassnode said in a post on X that selling pressure is showing up in the Bitcoin market as investors who bought at higher price levels begin to exit positions. The data points to two groups that are currently sitting on losses: investors who bought 1 to 2 years ago at $97,000, and those who bought 6 to 12 months ago at $89,000. According to the analysis, investors who entered during the 2025 rally are now responsible for the largest amount of Bitcoin sold per day. By contrast, buyers who accumulated during market pullbacks have not shown signs of large-scale selling. The update highlights a split in holder behavior, with underwater positions appearing more active on the sell side while dip buyers remain comparatively steady.

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Bitcoin

2026-10-03 10:47:21

Glassnode Says Bitcoin Buyers at Higher Levels Are Selling

Glassnode said investors who bought Bitcoin at higher price levels are now selling, pointing to distribution from cohorts that are currently sitting on unrealized losses. According to the on-chain analytics firm, two groups are underwater at present: holders who bought 1-2 years ago with a cost basis of about $97,000, and those who bought 6-12 months ago with a cost basis of about $89,000. Glassnode also said that investors who accumulated BTC during the 2025 rally have posted the highest average daily selling volume this year. By contrast, buyers who entered during market pullbacks have not shown similar selling behavior so far. The data highlights a split between investors who bought into strength and those who accumulated during corrections.

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Bitcoin

2026-10-03 10:42:55

Glassnode says Bitcoin buyers from higher price levels are now selling

Glassnode data shows selling pressure in the Bitcoin market is coming from investors who bought at higher price levels. Two holder groups are currently underwater, according to the data: investors who bought 1 to 2 years ago at $97,000, and those who bought 6 to 12 months ago at $89,000. The analysis also says investors who entered during the 2025 rally are now selling the largest amount of Bitcoin on a daily basis. By contrast, buyers who accumulated during market declines are still showing a stronger willingness to hold and have not been selling at scale. The figures point to a split in holder behavior, with recent high-price entrants taking losses while dip buyers remain comparatively steady.

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Bitcoin

2026-10-02 09:37:06

Bitcoin nears $87K after breaking through sell walls as BTC short liquidations top $120M

Bitcoin pushed close to $87,000 on Friday after buyers cleared a concentration of sell orders around $85,000, sending BTC to $86,857 on Bitstamp before the price slipped back below $86,000. The move marked Bitcoin’s highest level since Sept. 23 and shifted market attention to a new liquidation cluster above $87,300, according to CoinGlass data. Glassnode said the breakout followed a reduction in ask liquidity above the market, which could allow price to move higher more quickly. The firm also noted that the remaining sell orders appeared to have been removed. Over the past 24 hours, Bitcoin short liquidations reached $122 million, while total liquidations across the broader crypto market stood at $210 million. Glassnode also pointed to ETF flows as a key confirmation signal for the current uptrend. In its latest The Week Onchain newsletter, the firm said stronger trading volume and renewed inflows into US spot Bitcoin ETFs would provide broader support for the move. Daily ETF inflows have cooled since Sept. 21, when they hit $999 million, nearly an 11-month high. On Oct. 1, US spot Bitcoin ETFs posted net inflows of $102.7 million, with BlackRock’s iShares Bitcoin Trust (IBIT) bringing in $195 million, partly offset by outflows from other funds.

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Bitcoin

2026-10-01 16:53:47

Glassnode says Bitcoin relative strength has returned, with win rate versus U.S. stocks back above 50%

Glassnode said Bitcoin’s relative strength has returned after a notably weak stretch against U.S. equities earlier this year. According to the firm’s post on X, Bitcoin outperformed the S&P 500 on only one-fifth of trading days in June, marking its weakest showing in six years. The update points to a sharp contrast between that June reading and current conditions. Glassnode added that with U.S. stocks delivering a flat performance, Bitcoin’s win rate against equities has climbed back above 50%. In the firm’s view, that shift suggests there is distinct spot demand for Bitcoin itself rather than a move driven purely by broader risk sentiment. The statement was cited by Techub News in a market analysis brief published on Oct. 1, 2026.

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Bitcoin

2026-10-01 10:30:18

Bitcoin gives back post-PCE gains as methodology changes muddy inflation signal

Bitcoin stayed above $83,000 on Thursday after surrendering gains that followed a softer-than-expected US inflation print, with traders still unable to push the asset through resistance below $86,000. The August Personal Consumption Expenditures price index, the Federal Reserve’s preferred inflation gauge, rose 3.4% year over year, below the 3.7% consensus estimate, while core PCE increased 3.0%. But the release also included methodology changes tied to portfolio management and investment advice, computer software and accessories, and legal services, prompting The Kobeissi Letter to argue that the adjustment alone may have lowered core PCE by as much as 20 basis points. The publication also noted that July headline and core PCE were both revised down by 30 basis points. Market positioning remained mixed. CoinGlass data showed Bitcoin opened the fourth quarter near $83,550 after gaining 42.7% in Q3, its best third-quarter performance since 2017. Liquidation heatmaps showed exposure clusters on both sides of spot, including a fresh $60 million pocket near $83,000 and support around $82,500. At the same time, Glassnode said BTC-denominated futures open interest has dropped nearly 20% even as price climbed 35% from its August low, leaving open interest at its lowest level since March and potentially reducing the rally’s sensitivity to leverage-driven liquidations.

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Bitcoin

2026-09-30 14:47:03

Glassnode says Bitcoin faces sell wall at $85,000-$85,500 as ETF inflows slow

Glassnode said in its latest weekly report that Bitcoin remains in an early uptrend, though the move has yet to draw broad market participation. The firm pointed to a sharp slowdown in U.S. spot Bitcoin ETF inflows after roughly $1 billion in net inflows on both Sept. 21 and Sept. 22, with daily inflows falling to $24 million by Sept. 28. On Binance’s spot order book, Glassnode identified a sell wall between $85,000 and $85,500, adding that the wall has tripled in size since first appearing on Sept. 24. The report also placed the first support level at the true market mean of $77,200. Average daily total Bitcoin trading volume stands at about $6.4 billion, near the bottom of the range seen since spot ETFs launched. Glassnode also said long-term holder selling has picked up, with their share of total realized profit rising from 34% to 55%. According to the report, a break above the sell wall alongside higher trading volume and a rebound in ETF inflows would confirm an expansion of the uptrend, while a daily close below $77,200 would weaken the trend.

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CryptoQuant

2026-09-30 11:23:56

CryptoQuant flags possible altcoin selling pressure as exchange deposits jump 160% in two weeks

Altcoin deposits to exchanges have climbed to their highest levels since October 2025, according to CryptoQuant, which said the move may point to rising sell-side intent among holders. In its latest weekly report, the onchain analytics firm said the seven-day count of altcoin deposit transactions reached 78,000 on Sept. 28, up roughly 160% from about 29,800 on Sept. 14. Over the same period, the number of addresses sending altcoins to exchanges rose from around 17,600 to 51,600, nearly tripling and also marking the highest reading since October 2025. CryptoQuant said the pickup in exchange inflows was broad-based and added that when holders move coins onto exchanges, they usually intend to sell. The rise in deposits comes as the broader market has shown signs of stronger altcoin performance relative to Bitcoin. Glassnode’s Altcoin Cycle Signal favored altcoins last week, while Bitcoin dominance remained below 60%. TradingView data showed Bitcoin’s share of total crypto market capitalization has stayed between 58% and 60.4% since May 27. Outside the top 10 crypto assets by market cap, the sector’s market share reached 9% on Sept. 27, its highest level since February.

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