Bitcoin sell-side risk returns to rare lows as $80K sellers fade from view
Bitcoin (BTC) sell-side risk remains near historic lows as August profit-taking cools, new data shows. Key points:Bitcoins sell-side risk ratio fell to seven from 16 in September, placing it among its lowest-ever readings.Selling pressure eased while Bitcoin held most of its 25% August gains.Bitcoin ETF investors have spent 229 sessions below their aggregate breakeven level near $86,000. Bitcoin hodlers are “selling less” in September, Glassnode says In the latest edition of Glassnodes The Week Onchain newsletter, the crypto analytics platform said Bitcoins sell-side risk ratio (SSRR) had reset lower. Sell-side risk sums total onchain realized profits and losses and divides that figure by Bitcoins realized market cap. The result is a snapshot of the US dollar value realized over a given period relative to realized cap. Glassnode describes lower values as signals of “macro market bottoms, accumulation phases and relatively low sell-side risk environments.” SSRR reached 16 as Bitcoins price hit multimonth highs above $80,000 in late August. As of this week, however, the metric has more than halved to 7, one of the lowest readings on record. Bitcoin SSRR data. Source: Glassnode Glassnode said the August Bitcoin price rebound had “drawn little supply,” as measured by onchain activity. “At the July 2025 and October 2025 highs the same









