According to Glassnode Research, Bitcoin traded around 82 000 dollars after a calm week, staying above 80 000 dollars. The selling pressure accompanying the October early decline eased.

Meanwhile, spot market and ETF buyers did not return, according to the synopsis. At the same time, capital in the blockchain continued to move toward newer holders.

To assess the durability of this picture, the full text of the study and independent sources are currently lacking. Therefore, it is premature to draw conclusions about the market's further direction.