{"id":23163,"date":"2025-04-18T10:53:50","date_gmt":"2025-04-18T07:53:50","guid":{"rendered":"https:\/\/forklog.com\/en\/glassnode-reports-waning-investor-appetite-for-bitcoin\/"},"modified":"2025-04-18T10:53:50","modified_gmt":"2025-04-18T07:53:50","slug":"glassnode-reports-waning-investor-appetite-for-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/glassnode-reports-waning-investor-appetite-for-bitcoin\/","title":{"rendered":"Glassnode Reports Waning Investor Appetite for Bitcoin"},"content":{"rendered":"<p>Bitcoin&#8217;s realized capitalization has reached a historic peak of $872 billion, yet data indicates a decline in investor appetite at the current price level, according to Glassnode.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>\u2019s realized cap has reached an all-time high of $872B, yet monthly growth has slowed to +0.9%. This indicates that while capital inflows remain positive, investor appetite is softening \u2014 signaling continued risk-off sentiment. <a href=\"https:\/\/t.co\/XBgZP7NoWo\">pic.twitter.com\/XBgZP7NoWo<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1912799267724329268?ref_src=twsrc%5Etfw\">April 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Analysts from the platform noted that the monthly growth rate has slowed to 0.9%, despite record levels. This suggests a market reluctance to take risks.<\/p>\n<p>Realized capitalization accounts for the total asset value at the price of its last movement. This metric reflects the actual invested capital. While capital inflow remains positive, the slowdown in growth implies a reduction in the number of new investors and the activity of current bitcoin holders.<\/p>\n<p>Experts also noted that the chart of realized profits and losses, adjusted for volatility, has shown an almost equal balance in recent weeks.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"535\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/GougnxFWcAAO3pL-1024x535.jpg\" alt=\"GougnxFWcAAO3pL\" class=\"wp-image-256949\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/GougnxFWcAAO3pL-1024x535.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/GougnxFWcAAO3pL-300x157.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/GougnxFWcAAO3pL-768x401.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/GougnxFWcAAO3pL-1536x803.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/GougnxFWcAAO3pL-2048x1070.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Glassnode.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis indicates a saturation of investor activity and often precedes a consolidation phase as the market seeks new equilibrium,\u201d Glassnode stated.<\/p>\n<\/blockquote>\n<p>Meanwhile, the volatility-adjusted net realized profit\/loss in bitcoin has returned to the long-term median, analysts noted.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"527\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/GougxaNWEAAe5A4-1024x527.jpg\" alt=\"GougxaNWEAAe5A4\" class=\"wp-image-256950\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/GougxaNWEAAe5A4-1024x527.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/GougxaNWEAAe5A4-300x154.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/GougxaNWEAAe5A4-768x395.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/GougxaNWEAAe5A4-1536x790.jpg 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/GougxaNWEAAe5A4-2048x1053.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Glassnode.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis historically marks the boundary between bullish and bearish regimes, placing the market at a critical point for determining direction,\u201d they emphasized.<\/p>\n<\/blockquote>\n<p>Analysts also pointed to a slowdown in stablecoin supply growth in recent weeks. This is another sign of decreasing liquidity in digital assets and the formation of a more risk-averse environment, they believe.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Stablecoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Stablecoin<\/a> supply growth remains positive but has softened in recent weeks. As stablecoins serve as core quote assets across crypto markets, this slowdown adds further evidence of a broad contraction in digital asset liquidity and a more risk-off environment. <a href=\"https:\/\/t.co\/2ccBnwsSzp\">pic.twitter.com\/2ccBnwsSzp<\/a><\/p>\n<p>\u2014 glassnode (@glassnode) <a href=\"https:\/\/twitter.com\/glassnode\/status\/1912848264342228995?ref_src=twsrc%5Etfw\">April 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"wp-block-heading\">A Glimmer of Optimism<\/h2>\n<p>A CryptoQuant author known as Avocado highlighted the divergence between the movements of the Coinbase Premium and the Korea Premium Index.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Coinbase Premium Recovers, Korea Lags<\/p>\n<p>\u201cThis divergence highlights that current market direction is largely driven by U.S.-based activity on platforms like Coinbase, while interest from Korean investors appears muted.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/avocado_onchain?ref_src=twsrc%5Etfw\">@avocado_onchain<\/a> <\/p>\n<p>Read more \u2935\ufe0f<a href=\"https:\/\/t.co\/G6AjBaNbGH\">https:\/\/t.co\/G6AjBaNbGH<\/a> <a href=\"https:\/\/t.co\/aLLv3bvahx\">pic.twitter.com\/aLLv3bvahx<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1912805974059921595?ref_src=twsrc%5Etfw\">April 17, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The indicator, traditionally signaling activity from American investors, shows increasingly lower highs and higher lows. This suggests potential for a renewed upward momentum in bitcoin \u2014 historically, the metric has served as a leading indicator.<\/p>\n<p>The \u201ckimchi premium,\u201d on the other hand, traditionally reacts to price movements of the leading cryptocurrency reactively, Avocado noted. Throughout the 2024 correction period, it showed a steady downward trend and only began to rise following digital gold.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWhile overall market conditions remain unstable, the upward trend in Coinbase Premium lows indicates healthy demand. This foretells a potentially strong medium- and long-term recovery in bitcoin&#8217;s price trajectory,\u201d the analyst concluded.<\/p>\n<\/blockquote>\n<p>According to another CryptoQuant author, pseudonymously known as Crazzyblock, the current selling pressure is observed from retail investors, while whales and seasoned players continue to accumulate the leading cryptocurrency.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Who\u2019s Really Selling Bitcoin? Let\u2019s Break It Down<\/p>\n<p>\u201cThe real sell pressure is not from whales or old hands, but from retail, mid-sized cohorts (shrimps to sharks) and short-term holders \u2014 a classic shakeout.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/Crazzyblockk?ref_src=twsrc%5Etfw\">@Crazzyblockk<\/a> <\/p>\n<p>Full post \u2935\ufe0f<a href=\"https:\/\/t.co\/7byGSp2gSH\">https:\/\/t.co\/7byGSp2gSH<\/a> <a href=\"https:\/\/t.co\/Qycs9yyaaZ\">pic.twitter.com\/Qycs9yyaaZ<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1912572692143780303?ref_src=twsrc%5Etfw\">April 16, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The expert believes a \u201cclassic shakeout\u201d is occurring \u2014 the displacement of speculators and small participants from the market.<\/p>\n<p>As reported by Bitwise, specialists <a href=\"https:\/\/u1f987.com\/en\/news\/bitwise-identifies-bitcoin-growth-drivers-for-q2\">identified<\/a> four potential drivers for bitcoin&#8217;s growth in the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s realized capitalization has reached a historic peak of $872 billion, yet data indicates a decline in investor appetite at the current price level, according to Glassnode. #Bitcoin\u2019s realized cap has reached an all-time high of $872B, yet monthly growth has slowed to +0.9%. This indicates that while capital inflows remain positive, investor appetite is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1150],"class_list":["post-23163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-news-plus"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23163"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23162"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}