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Glassnode Glassnode @glassnode · 44.1K subscribers
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Bitcoin prices have been rejected from a series of psychological on-chain levels, related both to Older hands from the 2021-22 cycle and also for the Whale cohort. Profit- taking and capital flows have started to take place, although they remain low by historical standards.

In our latest Week On-chain report, we cover:
- Key on-chain cost basis levels related to HODLers and Whales.
- Adjusting for lost coins in the NUPL and MVRV metrics.
- Momentum forming within the On-chain Activity space.
- Resistance faced as profits are taken on the impulse higher.

Read more in The Week On-chain, or watch our latest video report.
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