According to @glassnode, BTC’s downtrend pushed spot prices to $93,000 while momentum is oversold and sell-side pressure is easing, with flows and on-chain activity softening. @glassnode reports these conditions indicate early signs of stabilization in the $94,000–$100,000 range, making that band the key near-term area to monitor for confirmation of trend stabilization.

According to @glassnode, BTC extended its drawdown to $93,000, continuing an orderly trend lower over recent weeks (source: @glassnode). The move has carried price into a region where demand has historically re-engaged, identifying a key historical demand zone relevant for trade planning and risk levels (source: @glassnode).

According to @glassnode, distribution pressure is easing across key holder cohorts after weeks of heavy spending, indicating selling activity is moderating across several groups, source: @glassnode on X on Nov 17, 2025, https://glassno.de/4i5Sr7I. According to @glassnode, this moderation suggests the most aggressive supply may be starting to fade while BTC trades approximately 25 percent below recent highs, source: @glassnode on X on Nov 17, 2025, https://glassno.de/4i5Sr7I.

According to the source, Glassnode reports that Ethereum holders are more willing than Bitcoin investors to spend their coins, indicating higher coin mobility in ETH versus BTC, which is relevant for assessing tradable float. source: Glassnode Traders can track this divergence using Glassnode’s on-chain dashboards for active supply age bands and exchange inflows/outflows to gauge relative short-term liquidity and potential volatility between ETH and BTC. source: Glassnode

According to glassnode, altcoin relative profits are stabilizing in deep capitulation territory, with only about 5% of supply currently in profit. source: https://twitter.com/glassnode/status/1989668646638301206; https://glassno.de/4a0zsJs glassnode reports that Bitcoin’s profits have just started to decline sharply, diverging from altcoins. source: https://twitter.com/glassnode/status/1989668646638301206; https://glassno.de/4a0zsJs glassnode states this BTC-altcoin divergence is unprecedented compared with prior cycles; its percent-supply-in-profit metric quantifies the current relative profitability between BTC and alts for trading analysis. source: https://twitter.com/glassnode/status/1989668646638301206; https://glassno.de/4a0zsJs

According to Glassnode, BTC retested and broke the 100K level in line with options market expectations, signaling a key breakout event for derivatives traders (source: Glassnode on X, Nov 14, 2025). According to Glassnode, the market reaction is being assessed through implied volatility, call-put skew, and options flow to interpret current positioning and risk transfer after the move (source: Glassnode on X, Nov 14, 2025). According to Glassnode, traders should focus on how volatility, skew, and options flow evolve post-breakout to gauge near-term momentum and hedging pressure in BTC (source: Glassnode on X, Nov 14, 2025).

According to @CoinMarketCap, Glassnode analysts dispute claims that Bitcoin OGs and whales are panic-selling, stating that the data indicates typical late-cycle profit-taking seen in every bull market (source: @CoinMarketCap, Nov 14, 2025). This frames recent BTC distribution as routine profit realization rather than capitulation, a trading-relevant distinction for interpreting whale activity during bull-market pullbacks (source: @CoinMarketCap, Nov 14, 2025).

According to @glassnode, at a BTC price of $96,000, nearly 99% of investors who accumulated Bitcoin within the past 155 days are currently holding unrealized losses. Source: https://twitter.com/glassnode/status/1989347450499551692 and https://glassno.de/47GyFfn This shows the recent-buyer cohort is overwhelmingly underwater at current levels, a condition traders track via Glassnode’s on-chain metrics to assess potential overhead supply from recent entrants. Source: https://glassno.de/47GyFfn

According to Kashif Raza, long-term Bitcoin holders are selling more BTC now than in any prior month of 2025, highlighting an uptick in cohort distribution that traders monitor for supply dynamics, source: https://twitter.com/simplykashif/status/1989241965779775882. In on-chain analytics, long-term holders are commonly defined as coins aged over 155 days, and elevated spending from this group is characterized as a distribution phase, source: Glassnode Academy (Long- and Short-Term Holders, LTH definition). For trading confirmation and risk management, key metrics to track include LTH-SOPR for profit-taking intensity and exchange inflows for potential sell-side liquidity, source: Glassnode Academy (SOPR, LTH-SOPR) and CryptoQuant Metrics Glossary (Exchange Inflows).

According to @glassnode, since late August ETH pulled back from a new peak while 3-10 year holders increased their average daily spending to more than 45,000 ETH per day on a 90-day SMA basis, the highest level by seasoned investors since February 2021, source: Glassnode on X Nov 14, 2025, glassno.de/49TYFoV. For trading context, Glassnode defines this metric via Spent Output Age Bands where older coin spending reflects long-term holder distribution and increased supply returning on-chain, source: Glassnode Academy and Glassnode on X Nov 14, 2025, glassno.de/49TYFoV.

According to @glassnode, popular narratives like OG whales dumping and Bitcoin’s Silent IPO are oversimplified, and their on-chain models indicate a more nuanced underlying market structure that they will break down in detail. Source: @glassnode on X, Nov 13, 2025. Traders should prioritize data from Glassnode’s on-chain models over headlines, focusing on whale-to-exchange inflows, long-term holder spending, and supply distribution by cohort to validate real sell pressure versus simple rotation. Source: @glassnode on X, Nov 13, 2025. Positioning should be adjusted only after Glassnode’s forthcoming breakdown confirms or rejects the dumping narrative to avoid chasing false signals. Source: @glassnode on X, Nov 13, 2025.

According to @glassnode, long-term BTC holders are accelerating distribution, with LTH supply falling rapidly and the LTH net position change turning sharply negative. According to @glassnode, LTHs are realizing profits while bulls defend the $100k level, indicating increased sell-side flow from aged supply at this price area. Source: @glassnode on X, Nov 13, 2025, glassno.de/3XrNOLy

According to @glassnode, it has released collaborative research with Keyrock that applies Glassnode's on-chain lens to assess how store-of-value traits emerge in crypto markets by directly comparing Bitcoin (BTC) and Ethereum (ETH) as competing assets. According to @glassnode, the study centers on evaluating BTC and ETH through on-chain evidence to inform the long-standing store-of-value debate in digital finance. According to @glassnode, this latest analysis positions BTC and ETH within a store-of-value framework that traders can reference when assessing market structure and asset selection.

According to @glassnode, Bitcoin (BTC) is consolidating above 100,000 USD with support near 100,000 and resistance around 106,000, defining a tight trading range for now; source: Glassnode on X 2025-11-12 https://twitter.com/glassnode/status/1988644487011487972 and Week On-Chain https://glassno.de/47BhQCy. @glassnode reports ETF outflows, low leverage, and elevated put demand, indicating a cautious market still searching for conviction; source: Glassnode on X 2025-11-12 https://twitter.com/glassnode/status/1988644487011487972 and Week On-Chain https://glassno.de/47BhQCy.

According to @glassnode, Bitcoin is one of the lowest-velocity major assets globally, indicating very low coin movement over time, source: Glassnode on X, Nov 12, 2025. According to @glassnode, Ethereum’s supply is twice as active versus Bitcoin, with approximately one in four ETH locked in staking or ETFs, source: Glassnode on X, Nov 12, 2025. According to @glassnode, the latest research with Keyrock examines where BTC and ETH sit on the Store-of-Value to Utility continuum, providing a framework for traders to compare supply activity profiles, source: Glassnode on X, Nov 12, 2025.

According to @glassnode, BTC is trading near $104K and is confined between the 0.85 and 0.75 cost-basis quantiles at $108.5K and $100.6K, which have historically acted as resistance and support, and a break of either boundary is likely to define the next directional trend (source: Glassnode post on X, 12 Nov 2025: https://x.com/glassnode/status/1988540879951273997; source: Glassnode link: https://glassno.de/4nTvNkd).

According to @glassnode, since early October U.S. Bitcoin ETFs have seen predominantly net outflows with only a few positive inflow days, and single-day redemptions have reached roughly 700 million dollars. Source: https://x.com/glassnode/status/1985323293356745030; https://glassno.de/4oN6SQ5 According to @glassnode, this flow pattern indicates a broader de-risking phase among ETF investors. Source: https://x.com/glassnode/status/1985323293356745030 According to @glassnode, traders can monitor daily ETF creations and redemptions via Glassnode’s flow dataset to assess whether outflows persist or reverse as a short-term sentiment gauge for BTC exposure. Source: https://glassno.de/4oN6SQ5

According to @glassnode, Bitcoin (BTC) futures open interest remains muted after October’s leverage flush with little sign of new speculative build-up, source: https://glassno.de/47Ksfup and https://x.com/glassnode/status/1980569106509082727. Derivatives activity has slowed materially, mirroring a broader backdrop of subdued market sentiment, source: https://glassno.de/47Ksfup and https://x.com/glassnode/status/1980569106509082727.

According to @glassnode, The Altcoin Vector #28 delivers professional-grade weekly insights into the most volatile segments of the altcoin market to support active trading decisions. Source: @glassnode. The report aims to help traders identify high-conviction setups across altcoin pairs for execution and portfolio positioning. Source: @glassnode.

According to @glassnode, The Bitcoin Vector #29 is built by Swissblock in collaboration with Willy Woo and is presented by Glassnode, marking the latest installment of the Bitcoin-focused series (source: @glassnode). No additional market metrics, price levels, or indicators were provided in the source content (source: @glassnode).