Glassnode: Decline in Bitcoin Long-Term Holder Supply Ratio
According to Jinse Finance, Glassnode data shows that the supply ratio of long-term holders to short-term holders (LTH/STH) for Bitcoin has dropped by 11% over the past 30 days, indicating a continued shift of funds into the circulating market. Meanwhile, Ethereum futures open interest market share has risen to nearly 40%, reaching its highest level since April 2023, suggesting that investor attention is shifting from Bitcoin to Ethereum. This data is within the top 5% of historical highs.
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