Glassnode: Continued New Demand in Bitcoin Market, Profit Taking Reaches New High for the Year According to the latest data from on chain data analysis firm Glassnode, the holdings of the first batch of Bitcoin buyers have increased by 1.0% in the past 5 days, reaching 4.93 million coins, indicating a sustained increase in market demand. During the same period, the firm buyer's holdings increased by 10.1% to 1.03 million pieces, but the growth rate slowed down significantly compared to April. It is worth noting that profit taking positions increased by 5.4% to 1.83 million bitcoins, the largest increase of the year. At the same time, although the number of loss making sellers increased by 37.8%, the overall actual loss scale is still relatively controllable, indicating limited market panic.