According to Wu Blockchain, Glassnode posted that BTC's current volatility is at a historic low. Their analysis shows that the primary factor affecting BTC's realized volatility isn’t market cap, but rather the holding structure. Among these, the supply held by long-term holders (LTH) has the highest explanatory power in their model, surpassing metrics like market cap, open interest, and trading volume. Glassnode believes that the current low-volatility environment is more closely related to who holds Bitcoin and how the supply is distributed. https://(wublock123.com)/news/glassnode-btc-volatility-hits-historic-low-long-term-holder-supply-68011