Glassnode has introduced a new tool that analyzes investor behavior to determine who is influencing Bitcoin's price movements.
The tool helps users differentiate between long-term holders and short-term speculators, offering valuable insights for navigating market cycles.
By categorizing investor behavior into groups like Conviction Buyers and Profit Takers, the tool provides real-time insights into market dynamics.
This tool is not limited to Bitcoin but is also available for Ethereum and major ERC-20 tokens, offering strategic advantages in understanding market sentiment and anticipating price inflection points.