Long term holders of bitcoin (BTC) are again selling the largest cryptocurrency, with distribution now at the fastest pace in five months. Last year's action front-ran a market top that occurred, as many had expected, in October. In the past 30 days, investors who've held bitcoin for at least 155 days — a cohort typically viewed as the most conviction-driven market participants — have sold roughly 143,000 BTC, according to Glassnode data. Bitcoin's price is lagging behind broader financial assets, inclu ...

Core Insights - The surge in XRP's ETF has significantly altered institutional investors' perception of the asset [1] Group 1 - Institutional investors are now viewing XRP more favorably due to the recent ETF developments [1]