Glassnode Chief Analyst: Bitcoin seller risk ratio is approaching historical lows, and the market may experience significant volatility
ChainCatcher message, according to Glassnode data, the current Bitcoin seller risk ratio is close to historical lows. Glassnode's chief on-chain analyst @_Checkmatey explains that this data indicates investors are unwilling to realize profits or losses within the current price range, which typically occurs when both buyers and sellers are exhausted, suggesting that the market may experience significant volatility.@_Checkmatey further noted that it is important to recognize that the value of this data was also very low in November 2018, indicating that traders were exhausted within this price range, but it did not indicate the direction of price movement. (source link)