💥 #BTC On-Chain Showdown: Loss Sellers Surge 29%, But Conviction Buyers Aren’t Backing Down! 🚀💸
According to Glassnode, the battle between weak hands and diamond hands is heating up!
Since June 10, the number of Bitcoin investors classified as “Loss Sellers” has jumped by 29%, signaling that growing market pressure is shaking out weak hands. Many are tapping out, cutting their losses as the volatility stings.
But wait — there’s another side to the coin..
Despite the rise in panic selling, Conviction Buyers are also increasing in number, showing that sentiment hasn’t collapsed. Far from it — some seasoned traders and long-term bulls are actively lowering their cost basis, taking advantage of every dip as a fresh opportunity.
This duel in market psychology reveals a critical moment for Bitcoin:
🔻 Some are exiting in fear...
🔺 Others are doubling down in faith.
Loss Sellers ↑ 29% — Pressure rising on short-term holders.
Conviction Buyers ↑ — Smart money is rotating in.
Sentiment ≠ Panic — Mixed signals, but no full capitulation yet.
This isn’t just a selloff — it’s a liquidity redistribution. The hands changing right now will define who owns the next bull run.
Are you getting shaken out... or loading up? 🤔
As the tug-of-war intensifies, Bitcoin’s next move could be explosive — in either direction.