COINOTAG News reported on August 25 that Glassnode published a social update indicating that Bitcoin holders across all cohort sizes have shifted to consistent net selling rather than accumulation or passive holding, signaling a notable change in on-chain flow dynamics.
The analytics highlight that the cohort controlling 10-100 bitcoins has emerged as the primary driver of this trend, leading the broader selling wave observed on-chain and contributing disproportionately to outflows tracked by market intelligence platforms.
Such uniform distribution of selling activity suggests elevated Bitcoin selling pressure and a contraction in net demand across investor classes; market participants should monitor related on-chain metrics and order-book liquidity for objective signals rather than relying on speculation.