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According to a Glassnode report, selling pressure from long-term bitcoin holders has cooled significantly — and such investors are returning to accumulation patterns.Analysts also noted that bitcoin’s price action over the past three months has been more muted than previous bull cycles.
U.S. spot bitcoin ETFs recorded $45 million worth of net inflows on Tuesday, marking their 11th consecutive day of inflows.BlackRock’s IBIT became the largest spot bitcoin fund in terms of net asset value, overtaking Grayscale’s GBTC.
SHIB and WIF are the top gainers from the larger-cap alts.
Digital asset investments have reached year-to-date inflows record, hitting an all-time high of almost $15 billion.
