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Bitcoin market momentum surges 51.7%, breaking previous highs; long-term holders strengthen their dominance
ME News Report, April 14 (UTC+8), according to the latest weekly report from Glassnode, Bitcoin market momentum surged 51.7%, breaking previous highs. Spot buying is aggressive and ETF demand is strong, with futures open interest rising 7.2%, but funding rates turning negative, indicating that speculators are beginning to hedge. On-chain data shows that although active addresses have slightly decreased and entered consolidation, the dominance of long-term holders has strengthened, and short-term sensitive capital has decreased. Currently, the profit ratio of circulating supply is rising, market pressure is easing, and the overall sentiment shows strong bullishness and a shift toward higher stability. (Source: MLion)