Glassnode Warning, Holders Selling: Selling Pressure Increasing in the Bitcoin Market! - Coin Bulletin

According to Glassnode's data, the Bitcoin market has entered the distribution phase since the beginning of the year.

Accumulation Trend Score (Biriktirme Trend Skoru) is currently at 0.21 level, indicating net selling in most investor groups.

The distribution period represents a stage where investors prefer to sell their assets in the market instead of accumulating. This process is generally seen as an indicator of price corrections after rallies or periods when market participants start to act more cautiously.

The data indicates that many holder groups, especially long-term investors, have shifted to the selling side. This trend may cause selling pressure in the Bitcoin market and could negatively affect price movements in the short term.

These types of on-chain analyses provided by Glassnode are considered an important tool for understanding the overall market situation and investor behavior. The transition from accumulation to distribution of Bitcoin signifies a period that could increase volatility in price movements.

Transitioning from this distribution phase of the market back into an accumulation mode is generally considered a positive sign for the beginning of a longer-term uptrend. However, in the current situation, investors need to be cautious and closely monitor market dynamics.