Glassnode confirms that long-term holders are absorbing more bitcoins than miners are producing.

This is a very positive sign for Bitcoin. When long-term holders are accumulating, it often means they have a strong belief in the asset and its future.

They are willing to hold their Bitcoin despite market fluctuations, and they are not interested in selling in the short term. This can help stabilize the price of Bitcoin and potentially lead to a price increase in the future.

📌 In summary, long-term holders are buying more Bitcoin than miners are producing. This suggests a strong bullish sentiment among long-term holders and could be a very positive sign for the future of Bitcoin. As