According to a report by Glassnode, Bitcoin's volatility is expected to increase soon, following the trend of precious metals. Long-term holders may play a significant role in determining the next move, as they have historically influenced BTC fluctuations. The report suggests that the current state of "equilibrium" in the crypto market, particularly Bitcoin, is about to end. The decline in on-chain transfer volumes has led to a drop in exchange activity, contributing to the decrease in Bitcoin's realized volatility.
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