Glassnode identifies concentrated Bitcoin selling amid market consolidation
Key Takeaways
- According to Glassnode, the market is in a phase of consolidation.
- Net-premium flows show concentrated selling between $109,000 and $115,000.
Bitcoin is experiencing concentrated selling activity during a period of market consolidation, according to recent blockchain analytics data. The selling pressure focuses within the $109,000–$115,000 range, as revealed through net-premium flows tracking options trading patterns.
Market participants are adopting defensive positioning strategies, with traders increasingly hedging into price strength. Options market data shows elevated put demand, signaling heightened caution as volatility subsides.
On-chain reports indicate long-term holders are selling into upward price movements, contributing to the defensive market stance. This selling behavior has emerged amid broader market uncertainty affecting crypto assets.
The combination of concentrated selling and defensive trader positioning reflects typical market behavior during consolidation periods, when participants often reassess positions ahead of potential directional moves.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Interop roadmap "accelerates": After the Fusaka upgrade, Ethereum interoperability may reach a key milestone
a16z "Big Ideas for 2026: Part Two"
Software has eaten the world. Now, it will drive the world forward.
When the Federal Reserve "cuts interest rates alone" while other central banks even start raising rates, the depreciation of the US dollar will become the focus in 2026.
The Federal Reserve has cut interest rates by 25 basis points as expected. The market generally anticipates that the Fed will maintain an accommodative policy next year. Meanwhile, central banks in Europe, Canada, Japan, Australia, and New Zealand mostly continue to maintain a tightening stance.
From MEV-Boost to BuilderNet: Can True MEV Fair Distribution Be Achieved?
In MEV-Boost auctions, the key to winning the competition lies not in having the most powerful algorithms, but in controlling the most valuable order flow. BuilderNet enables different participants to share order flow, reshaping the MEV ecosystem.
Trending news
MoreCrypto prices
More
