Sales Bitcoin Sets Medium-Terrible Under Pressure Carriers: GlassSnode

Bitcoin’s press was seen by the dynamics of selling the transition from newer coins to older cohorts, with a gradual capitulation that comes in the middle of a wider market weakness.

Metrics on chain and data data platform Glass says bitcoin (Btc) Bitcoin’s pressure saw the dynamics of selling transition from newer coins to older cohorts, with a gradual capitulation that comes in the middle of weaknesses in the broader market.

Annual, the BTC fell more than 17%, including a decline of 9% in the past week. Tariffs and broader economic insecurity greatly strived to risky property, including bitcoin.

With these performance, coins in three to six months cohorts seen the share of realized rises in more than 19%. It was only about 0.8% 27th. February before bear market a guess of feelings.

“Compared to previous large sales of bitcoin, losses are now spreading to older coins – especially in group 3M-6M, which is in the realization of the loss from 0.8% to 19.4% of the total losses of 27. February,” Glassorode is set to KS.

The Share Platform chart showed that the BTC was a loss at the age metrics abrupt in April.

Younger coins – in one week until a month and a month to three months, they consisted of more than 50% of total realized losses because February approached.

However, while the 3M-6M cohort then represented less than 1% of total losses, the trend is reversed, with this group now makes it significantly larger.

This change is amplifier as the price of BTC refused above $ 86,000 at the end of February. Greeting support below $ 75,000 in March accelerated a step toward the capitulation for 3M-6M brackets. By 11. Marta, share in groups of 1M-3M fell to about 16.3%, while the 3M-6M cohort rose to 4.9%.

Despite the total BTC losses that fall for approximately $ 41 million, glass data on chains show older cohorts, pass “gradual expansion of capitulation”. Since the beginning of April, 1V-million and 3M-6M cohorts were responsible for about 19% of the losses realized.

“This means a structural shift in the implementation of loss and indicates permanent pressure on medium-term bearers,” analysts noted.

Bitcoin has been reduced by 2% in the last 24 hours.