*Glassnode: Long-term Bitcoin holders return to hoarding mode for first time since December*
*News on May 29, according to Glassnode’s latest weekly report, the selling pressure of long-term Bitcoin holders has cooled significantly. These investors are returning to currency hoarding mode and have begun to hoard tokens again for the first time since December 2023. Analysts also noted that Bitcoin’s price action over the past three months has been more modest than in previous bull cycles.*
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