Glassnode: The supply ratio of long-term/short-term holders of Bitcoin has significantly decreased, indicating signs of profit taking

According to Foresight News, Glassnode data shows a significant decrease in the supply ratio of long-term/short-term holders of Bitcoin, and the 30 day rate of change has shifted from accumulation to allocation, indicating early signs of profit taking in the market. After months of stable inflows of long-term holders and price increases, this may mark a turning point in the market. This indicator is worth paying attention to in order to determine whether the trend has reversed.