CryptoSlate, citing Glassnode: Spot Bitcoin trading increases, active selling dominates
According to CryptoSlate citing Glassnode's weekly report on November 9, the Bitcoin spot trading volume indicator increased by 13.3% over seven days to $6.4 billion, while the spot Cumulative Volume Delta (CVD) shifted from approximately $7 million to around -$92 million. In the activity measured by the report, a negative CVD indicates that aggressive selling surpassed aggressive buying; an increase in trading volume itself does not imply strengthening buying pressure. The figures mentioned above represent a comparison of weekly report indicators rather than the actual total trading volume for a single day or the entire week.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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