Despite ongoing price consolidation and capital outflows, Glassnode analysts emphasize strong confidence among new investors. Short-term holders (STHs) have incurred relatively modest realized losses compared to their cost basis, reflecting greater confidence than seen in previous bearish cycles. This resilience among newer market participants suggests a stronger conviction, even in the face of current market conditions.#BTCâ #ETHđ„đ„đ„đ„
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