{"id":42984,"date":"2025-05-23T10:00:17","date_gmt":"2025-05-23T07:00:17","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=42984"},"modified":"2025-05-23T00:37:40","modified_gmt":"2025-05-22T21:37:40","slug":"bitcoin-new-high-no-selling-pressure","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-new-high-no-selling-pressure\/","title":{"rendered":"Bitcoin Hits New High Without Selling Pressure, Glassnode Reports\u00a0\u00a0"},"content":{"rendered":"<p><span data-contrast=\"auto\"><strong>Bitcoin (BTC)<\/strong> has recently captured renewed attention. As of May 21, Bitcoin reached an all-time high of $111,860. This rise occurred in a calm and stable environment. Remarkably, despite hitting record prices, investors are not engaging in heavy profit-taking.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span data-contrast=\"auto\">Why Is Bitcoin Not Facing Selling Pressure?\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"auto\"><strong>Glassnode<\/strong> analyzed this situation and pointed out that despite <strong>100% supply<\/strong> profitability, investors remain cautious about selling their <strong>Bitcoin<\/strong> holdings. According to the platform, the total <strong>profit-taking volume<\/strong> at prices above <strong>$111,000<\/strong> was around $1 billion. This figure is less than half of the <strong>$2.1 billion<\/strong> recorded when <strong>BTC first crossed<\/strong> $100,000 last December.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\"><strong>Funding rates<\/strong> indicate that <strong>Bitcoin\u2019s current rally<\/strong> is healthy and organic. These rates were six times higher in Q1 and three times higher in Q4 of last year. The current low rates suggest minimal speculative activity in the futures market.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-42985 size-full\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/Ekran-goruntusu-2025-05-23-001015.png\" alt=\"\" width=\"935\" height=\"458\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/Ekran-goruntusu-2025-05-23-001015.png 935w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/Ekran-goruntusu-2025-05-23-001015-300x147.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/05\/Ekran-goruntusu-2025-05-23-001015-768x376.png 768w\" sizes=\"auto, (max-width: 935px) 100vw, 935px\" \/><\/p>\n<p><span data-contrast=\"auto\">This means the rally is driven by real purchases in the <strong>spot market<\/strong> rather than leveraged trading. As a result, the risk of sudden and sharp corrections is reduced, offering a safer environment for investors.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><strong>Glassnode stated:\u00a0\u00a0<\/strong><\/p>\n<blockquote><p><span data-contrast=\"auto\">\u201cDespite higher prices, profit realization was much more limited.\u201d\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p><\/blockquote>\n<p><span data-contrast=\"auto\">This data shows that current investors remain patient and focused on the long term. At the same time, it supports the view that <strong>Bitcoin<\/strong> still holds strong upside potential. <strong>Analysts say Bitcoin\u2019s<\/strong> rise is fueled by spot buying rather than leveraged positions, with <strong>futures funding rate<\/strong>s remaining low, indicating restrained risk-taking and more organic price moves.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">On the <strong>liquidity side<\/strong>, there is a noticeable increase in <strong>stablecoin<\/strong> supply. Moreover, the global <strong>M2 money supply<\/strong> growth points to a large cash reserve ready to be deployed in the market. All these factors support the idea that Bitcoin can continue rising.\u00a0<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Additionally, <strong>global liquidity<\/strong> trends continue to provide support for <a href=\"https:\/\/coinengineer.net\/blog\/bitcoin-pizza-day-btc-history-milestones\/\"><strong>BTC<\/strong><\/a>. The global M2 money supply, which measures the total money circulating in major economies, grew by 5% in Q1 2025. This growth was influenced by monetary policy easing in the <strong>US, European Union<\/strong>, and Japan. <\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><strong>NOT INVESTMENT ADVICE\u00a0\u00a0<\/strong><\/p>\n<p><span data-ccp-props=\"{}\"> <em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram,\u00a0<\/strong><\/a><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a>,\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0and updates.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) has recently captured renewed attention. As of May 21, Bitcoin reached an all-time high of $111,860. This rise occurred in a calm and stable environment. Remarkably, despite hitting record prices, investors are not engaging in heavy profit-taking.\u00a0\u00a0 Why Is Bitcoin Not Facing Selling Pressure?\u00a0\u00a0 Glassnode analyzed this situation and pointed out that despite<\/p>\n","protected":false},"author":36,"featured_media":42986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[7970,14752,16293,11262,16296,16295,16294,16297,14585],"class_list":["post-42984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-bitcoin-funding-rates","tag-bitcoin-futures-market","tag-bitcoin-investment-strategy","tag-bitcoin-price-analysis","tag-bitcoin-profit-taking","tag-bitcoin-supply-profitability","tag-btc-spot-market","tag-glassnode-data","tag-m2-money-supply"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin Hits New High Without Selling Pressure, Glassnode Reports\u00a0\u00a0 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-new-high-no-selling-pressure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Hits New High Without Selling Pressure, Glassnode Reports\u00a0\u00a0 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Bitcoin (BTC) has recently captured renewed attention. As of May 21, Bitcoin reached an all-time high of $111,860. This rise occurred in a calm and stable environment. 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