Glassnode On-Chain Data: Distribution or Accumulation? 📊

Glassnode's latest data suggests we might be witnessing another round of distribution in the crypto markets. Meanwhile, the Nasdaq keeps seeing continuous net inflows daily, painting a stark contrast to the #crypto exchanges, which are seemingly dumping assets.

With interest rate cuts just starting, the market dynamics could shift significantly in the coming weeks. Will this lead to a #bullish run or further consolidation? 💹

Keep an eye on these trends as they unfold. The interplay between traditional finance and crypto could offer intriguing insights or opportunities. Remember, the market could react in unexpected ways.