Bitcoin’s Supply Surge Sparks Doubts, Altcoin Buzz Builds Ahead of Fed Potential

Recent analysis by on-chain platform Glassnode reveals a surge in Bitcoin trading activity, as around 62,000 BTC have been moved from long-inactive addresses since mid-October. This influx adds to the supply available for purchase and could contribute to resistance against price increases. Glassnode suggests this reactivation may signal the end of a key support trend observed throughout the current cycle. While smaller wallet holders are exhibiting net selling pressure, larger whales continue to accumulate Bitcoin, suggesting long-term strategic investment despite short-term market fluctuations.