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Bitcoin sees wealth shift from long-term holders to new investors – Glassnode

  • Bitcoin's ongoing bull market has resulted in a wealth shift from long-term holders to new investors, according to a Glassnode report.
  • The redistribution of wealth indicates the maturing of Bitcoin markets, with long-term holders realizing record profits, while new investors absorb the supply.
  • Growing institutional participation and strong retail interest have contributed to the expanding depth and diversity of the Bitcoin ecosystem.
  • Despite profit-taking by long-term holders, new investors have provided liquidity and supported Bitcoin's upward momentum.

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