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Bitcoin sell-side risk returns to rare lows as $80K sellers fade from view

Bitcoin investors showed little sign of panic selling as BTC held most of its August gains and sell-side risk fell to rare lows, data showed.Bitcoin (BTC) sell-side risk remains near historic lows as August profit-taking cools, new data shows.Key points:In the latest edition of Glassnode’s The Week Onchain newsletter, the crypto analytics platform said Bitcoin’s sell-side risk ratio (SSRR) had…

Photo: Cointelegraph

Bitcoin investors showed little sign of panic selling as BTC held most of its August gains and sell-side risk fell to rare lows, data showed.Bitcoin (BTC) sell-side risk remains near historic lows as August profit-taking cools, new data shows.

Key points:

In the latest edition of Glassnode’s The Week Onchain newsletter, the crypto analytics platform said Bitcoin’s sell-side risk ratio (SSRR) had reset lower.

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Originally published by Cointelegraph. Read the full story at the source →

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