$BTC

Glassnode's data indicates a significant decline in Bitcoin's spot trading volume over the last three days, based on a 7-day moving average. On April 27, the volume turned negative at $30.9 million, dropping further to $76.1 million on April 28 and crashing to $193.4 million by April 29. This trend suggests that aggressive sellers are currently dominating the market, with a gradual weakening in spot demand. The decline could signal profit-taking, buyer exhaustion, or a potential market reversal.