Crypto Insights Firm Looks at State of Bitcoin On-Chain, Reveals the Likely Catalyst of Last Weekend’s Sell-Off
December 07 2021 - 5:01PM
The Daily Hodl
Crypto analytics firm Glassnode is looking behind the scenes at
Bitcoin’s on-chain data and suggests that one major catalyst drove
the recent steep price correction for BTC. Glassnode tells its
408,000 Twitter followers that a massive flush out of excess
leverage from Bitcoin’s derivatives market was the likely sell-side
driver behind BTC’s crash to a […]
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Crypto Insights Firm Looks at State of Bitcoin On-Chain, Reveals
the Likely Catalyst of Last Weekend’s Sell-Off appeared first
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Continue reading Crypto Insights Firm Looks at State
of Bitcoin On-Chain, Reveals the Likely Catalyst of Last Weekend’s
Sell-Off
The post
Crypto Insights Firm Looks at State of Bitcoin
On-Chain, Reveals the Likely Catalyst of Last Weekend’s
Sell-Off appeared first on
The Daily Hodl.
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