$BTC Long/Short-Term Holder Supply Ratio Drops to Cycle Low.
According to data from Glassnode, BTC sell-offs have accelerated over the past 30 days, indicating a shift in market sentiment where holding BTC is no longer the default behavior for participants.
The Long/Short-Term Holder Supply Ratio has dropped to 3.78, marking the lowest point of this cycle. This highlights a significant shift in the balance between long-term and short-term holders in the market.