Glassnode: Long term Bitcoin holders' supply ratio decreases

According to a report by Golden Finance, Glassnode data shows that the LTH/STH ratio of long-term to short-term holders of Bitcoin has decreased by 11% within 30 days, indicating a continued shift of funds towards the circulation market. Meanwhile, the market share of open contracts in Ethereum futures has risen to nearly 40%, reaching its highest level since April 2023, indicating a shift in investor attention from Bitcoin to Ethereum. This data is at a high level of the top 5% in history.