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Bitcoin Faces Potential Major Pullback: Glassnode Analysts Predict Price MovementGlassnode analysts are warning that despite Bitcoin's recent record highs, its continued upward momentum may be nearing its end, with a significant price correction potentially looming in the coming days. A report released on Tuesday notes that Bitcoin has entered a new price discovery phase, with nearly all circulating Bitcoin currently in profit

According to Glassnode's data, when BTC whales accumulate, ETH whales sell. What's going on here?Famous figures in the Bitcoin industry have seized the opportunity to shoot their peers in the Ethereum community, but they also need to pay attention to the legal issues surrounding this industry

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit.Editor: Remember to follow meSource: MarsBitIt has been a week since the end of Ethereum Shanghai upgrade.After this upgrade is completed, the pledgor can withdraw funds, including 32 ETHs pledged and accumulated rewards.In the months before the upgrade, ETH doomsayers depicted terrifying scenarios, predicting that months of full withdrawals and suppressed selling pressure would be released from the beacon chain.The reality is clearly more positive: the scale and composition of queue exits are still encouraging, the number of net validators is increasing, and the development trend of the liquid collateralized derivative (LSD) market is very strong.Exit queueAttempting to remove all 32 pledged ETH users from the beacon chain is called complete exit. Exit must first queue up.Unlike partial withdrawals of cumulative pledge rewards, this type of withdrawal is not automatic and the process is more time-consuming. Under the current network restrictions, queuing to exit can only process a maximum of 1800 full withdrawal requests per day.Exit queue25.2%Kraken(23%)CEXCoinbaseLSD18.3%