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The Daily Hodl 2021-12-07 23:01:12

Crypto Insights Firm Looks at State of Bitcoin On-Chain, Reveals the Likely Catalyst of Last Weekend’s Sell-Off



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 […]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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