🚨 Is everyone selling #BTC ? The on-chain data is shocking! #加密市场回调

Recently, on-chain data shows that the Bitcoin market has suddenly “turned sour” 😱—whether it’s retail investors, whales, or super whales, everyone is selling! Glassnode's latest analysis shows that all investors' BTC accumulation trend scores are all red, and market sentiment has completely shifted from “holding coins” to “selling pressure”.

🐳 Who is selling? Almost everyone!

The accumulation trend score is an indicator used to measure whether everyone is adding positions or selling coins. There are two factors to consider: changes in wallet balance + wallet size (large whales have the greatest impact).

In July, all groups were almost crazily accumulating coins, with indicators close to 1, in a perfect accumulation state 👍

But now, the situation has drastically changed: medium holders of 10–100 BTC are the first to sell, followed by retail investors, giant whales, and super whales 📉

Glassnode comments: “All groups are acting in unison, and selling pressure is widespread in the market.” Looking back at January of this year, after such unanimous selling, Bitcoin also experienced a prolonged bearish phase.

💰 Prices are also testing support

Another warning signal: Bitcoin prices are testing the average cost of investors from 1–3 months ago—about $110,800. Historical experience shows that if this price level cannot be maintained, the market may remain weak for several months and could face deeper corrections.

Currently, BTC is around 110,000 USD, having fallen over 5% in the past week.

⚠️ Summary

Accumulation trend scores are all red 🔴

Medium holders lead the selling, with giant whales and retail investors following 🐳

Prices are testing key support levels, and short-term market sentiment is cautious

Friends in the crypto world, selling pressure is evident 📉, so it’s wise to be cautious in the short term, but the market always has the potential for surprising reversals ⚡️. Pay attention to on-chain data for more informed decisions!