Bitcoin’s (BTC) ongoing bull market has marked a significant transition of wealth from long-term holders to new investors, according to a recent Glassnode report. The redistribution of wealth from seasoned holders to newcomers is a hallmark of maturing Bitcoin markets. Long-term holders have been realizing record profits, peaking at $2.1 billion per day, while new […]
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source: https://cryptoslate.com/bitcoin-sees-wealth-shift-from-long-term-holders-to-new-investors-glassnode/