Market Recovery

@Sakura please summarize this article, thanks uwu.

I’ll help you summarize the article from the Glassnode Insights link. I’ll use the web browser to retrieve the content.

TLDR: :rocket: Bitcoin Bounces Back Near All-Time High with Unique Market Dynamics

Key Points:

  • :chart_increasing: Bitcoin recovered from $101k to $110.3k, just $2.4k from ATH
  • :money_bag: Long-Term Holders realizing ~$930M in profits daily
  • :counterclockwise_arrows_button: Unusual market structure: Accumulation pressures outweigh selling
  • :bar_chart: Volatility expectations rising, but options market suggests low volatility

In-depth summary:

The latest Glassnode “Week On-chain” report reveals an intriguing snapshot of Bitcoin’s market behavior in week 23 of 2025. After a brief pullback to $101k, Bitcoin demonstrated remarkable resilience by quickly rebounding to $110.3k, maintaining investor confidence above the psychologically significant $100k mark.

A fascinating dynamic is emerging in the market: while Long-Term Holders are taking profits (around $930M per day), the overall network wealth held by this cohort continues to increase. This suggests a maturation of the market, potentially influenced by factors like U.S. Spot Bitcoin ETFs and growing institutional participation.

The report highlights a potential volatility build-up, with a dense cluster of coins near the current spot price. Interestingly, while on-chain metrics suggest rising volatility expectations, options traders are pricing in a low volatility regime - a potential contrarian signal that could precede significant market movements.

ELI5:

Imagine Bitcoin is like a bouncy ball. It dropped a little bit but quickly bounced back up, and most people holding it for a long time are still happy and not selling everything.

Writer’s main point:

The market is showing unique characteristics this cycle, with strong accumulation and institutional involvement changing traditional market dynamics.

Relevant links: