According to glassnode, Bitcoin ($BTC) hot capital reached a low of $17.5B on March 23, marking the lowest level since December. Over the following five weeks, hot capital surged by $21.5B, indicating a rapid transition from market dormancy to heightened speculative activity, particularly among new entrants. This sharp influx of trading capital is a key signal for increased volatility and short-term trading opportunities in the BTC market (source: glassnode, April 29, 2025).

According to glassnode, the recent Bitcoin crash saw over $2.16 billion in realized losses between February 25-27, predominantly affecting the most recent market entrants. The analysis breaks down these losses by age cohorts, comparing them with previous market peaks to understand the broader market impact. This information is crucial for traders to identify vulnerability among new investors and potential recovery patterns.

According to Kekalf, The Green (@NFT5lut), there has been a significant movement in the NFT sector, indicating a potential rise in trading volumes for certain digital assets. This movement is linked to new market entrants and increased interest from institutional investors, as highlighted in their recent post.