Introducing Glassnode Clips: Digestible, bite-sized answers to your burning crypto questions. This week? A deep dive into Bitcoin's Realized Cap Breakdown:

- Bitcoin's realized cap serves as an essential tool in assessing capital flows; upward trends signal net inflows into the asset, while downtrends point to net outflows.
- Analyzing the 2023 data reveals a clear inverse relationship between short-term and long-term holders, especially evident during the notable February dip at 19.8k.
- Observing the market behavior, after witnessing short-term holders anchoring during lows, it's evident they are now operating speculatively, while long-term holders stand as the market's stable pillars.

Discover more in the latest Glassnode Clips below 👇
https://www.youtube.com/watch?v=ufFTwh6COPA