According to Glassnode, Long-Term Bitcoin Holders (LTH) remain generally profitable, yet as BTC top buyers transition into LTH status, the potential for increased loss absorption emerges. Historically, such transitions have signaled the onset of a bear market, although current data shows no definitive indication of this trend.

According to Glassnode, Bitcoin's unrealized losses normalized by percentage drawdown indicate that short-term holders are enduring significant losses. This situation mirrors early bear market conditions seen in past cycles, suggesting potential trading strategies for those considering entry or exit points.

According to glassnode, Bitcoin's RHODL Ratio has increased from approximately 0.1 in February to over 0.2 by mid-April, marking a significant 2x rise in two months. This trend is reminiscent of previous post-peak transition periods, such as in 2018 and late 2021, where long-term holders begin reaccumulating Bitcoin while short-term speculative activities decrease. Traders should consider this as an indicator of potential market stabilization and reduced volatility, possibly signaling a favorable environment for strategic long-term investment. This data suggests that current market dynamics may encourage cyclical accumulation rather than short-term trading. [Source: glassnode]

According to glassnode, Bitcoin whales holding over 10,000 BTC have been maintaining a strong accumulation trend with a metric of approximately 0.7, indicating their continued market leadership. Meanwhile, smaller Bitcoin holders, ranging from those with less than 1 BTC to those with up to 100 BTC, are reducing their distribution activities. Specifically, the cohort holding between 10 to 100 BTC is now at a metric of around 0.5, suggesting a potential shift in their strategy. This trend could signal important implications for trading strategies and market dynamics.

According to Glassnode, the growth of stablecoin supply remains positive but has softened in recent weeks. This trend signifies a contraction in digital asset liquidity, suggesting a shift towards a more risk-off environment in cryptocurrency markets. Traders should monitor stablecoin supply as it serves as a core quote asset, impacting overall market dynamics.

According to @glassnode, despite the uncertain macroeconomic environment due to shifting global trade relations, Bitcoin has maintained a strong performance, holding above $80,000. This stability is significant for traders as it suggests resilience in the cryptocurrency market. The report from Glassnode highlights that both Bitcoin and gold are performing remarkably well, with gold reaching a new all-time high of $3,300. These trends indicate a continued investor preference for hard assets during economic uncertainty.

According to Glassnode, despite the ongoing restructuring of global trade relations creating an uncertain macroeconomic environment, Bitcoin has surged to over $80,000. This highlights the remarkable performance of hard assets, with Gold also reaching an all-time high of $3,300. Traders are advised to consider these trends in their strategies, as the strong performance of these assets suggests a hedge against economic uncertainty.

According to Glassnode, Bitcoin's Accumulation Trend Score has surged to 0.34, marking the highest level in 2025. This indicates that wallets are collectively re-entering accumulation mode, with large investors showing renewed interest despite recent price dips. This trend suggests potential bullish sentiment in the market, as larger cohorts begin to accumulate Bitcoin, potentially setting the stage for future price increases. [Source: Glassnode]

According to Glassnode, the new 'Supply Mapping' metric allows traders to visualize behavioral footprints left on-chain by crypto investors. This segmentation helps identify buyer and seller patterns based on the lifecycle stage and price engagement of tokens, offering a strategic edge in trading decisions.

According to Glassnode, Supply Mapping now tracks five distinct behavioral cohorts: Conviction Buyers, Momentum Buyers, First-Time Buyers, Profit Takers, and Loss Sellers. This enhanced approach adds significant depth to the Cost Basis Distribution, providing insights not only into the location of supply but also the reasons behind its movement. This information is particularly valuable for traders aiming to anticipate market trends and make informed decisions. By understanding these cohorts, traders can better gauge market sentiment and potential price movements.

According to @glassnode, traders can utilize the newly launched Supply Mapping tool in Glassnode Studio to identify key market behaviors such as profit-taking, panic selling, and conviction-driven accumulation for $BTC and all #ERC20 assets. This tool aids in recognizing market tops, bottoms, and potential trend shifts, providing traders with powerful insights to make informed decisions.

According to @glassnode, ELR continued its upward momentum until 08:00 UTC the following day, reaching a peak of approximately 0.37. This rise was followed by a sharp correction, suggesting that new high-leverage positions had been established post-sell-off and were subsequently flushed out. This activity is indicative of volatile market behavior, presenting both opportunities and risks for traders who are leveraging positions in the ELR market.

According to @glassnode, $OM futures Open Interest dramatically decreased from $261M to $121M within just 10 minutes starting at 18:10 UTC on April 13, coinciding with a price drop. By 19:40 UTC, Open Interest reached a low of $47M as the price fell to $0.45, indicating a rapid, broad-based futures unwind.

According to glassnode, $OM's Futures Estimated Leverage Ratio (ELR) nearly doubled to 0.4 by 19:30 UTC, coinciding with a price drop to $0.57. This increase in ELR alongside a decline in Open Interest (OI) suggests that spot holdings on exchanges were either withdrawn or reduced. This shift may indicate traders are leveraging futures rather than holding spot positions, a crucial insight for $OM traders looking to understand market dynamics and potential volatility.

According to Glassnode, the supply of $OM held by the top 1% has decreased from approximately 96.4% to 95.6% right before a market crash. This change, although not the largest in recent months, indicates a potential redistribution of assets by large holders or the occurrence of liquidation events. This data does not include assets held in centralized exchanges (CEX), team, or contract wallets, suggesting significant movements among individual large holders.

According to @glassnode, the number of OM transfers surged to approximately 1,400 within a 10-minute window as the price collapsed, indicating a rapid, system-wide market reaction. Prior to this surge, activity was flat, suggesting a sudden shift in trading behavior. Traders should consider this pattern when assessing potential rapid market changes.

According to @glassnode, exchange outflows for $OM spiked following its recent low, indicating possible post-liquidation withdrawals or opportunistic buys followed by self-custody. This trend also suggests exchanges may be reducing their exposure to the asset. Such movements are critical for traders to monitor as they can signal shifts in market sentiment and liquidity dynamics.

According to @glassnode, Mantra experienced a sharp price collapse, dropping below $1 within hours. The on-chain analysis revealed significant changes in exchange flows and holder concentration. A high volume of Mantra tokens moved to exchanges, indicating potential sell-off pressure. Additionally, the concentration of holdings shifted, suggesting a redistribution among wallets. The realized cap metric also showed a decline, reflecting reduced profitability among investors. Furthermore, user activity metrics indicated increased transaction volumes, possibly due to panic selling.

According to Glassnode, the Cost Basis Distribution for $OM indicates no major concentration of holdings from early trading periods, with the largest accumulation zone below the current spot price at $0.05, totaling approximately 26 million $OM, originating in May 2022. This zone is significantly below the largest cluster at $6.66, which holds around 197 million $OM. This distribution pattern may suggest potential trading opportunities for investors focusing on long-term accumulation zones and price movements.

According to glassnode, Mantra's Realized Cap experienced a significant drop of approximately $740 million, marking a 20% decline between April 13, 18:30 UTC and April 14, 03:10 UTC. This dramatic decrease suggests forced selling or mass liquidations, which could impact trader sentiment and market strategies.