{"id":80672,"date":"2026-04-13T12:16:33","date_gmt":"2026-04-13T12:16:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=80672"},"modified":"2026-04-13T12:16:33","modified_gmt":"2026-04-13T12:16:33","slug":"bitcoins-stuck-because-sellers-take-20-million-in-profits-per-hour-glassnode","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=80672","title":{"rendered":"Bitcoin&#8217;s Stuck Because Sellers Take $20 Million In Profits Per Hour: Glassnode"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) slipped below $71,000 on Monday after President Trump ordered the U.S. to join Iran in blockading the Strait of Hormuz.<\/p>\n<h3 class=\"wp-block-heading\">The Profit-Taking Pressure<\/h3>\n<p>Blockchain analytics firm Glassnode <a href=\"https:\/\/x.com\/glassnode\/status\/2043347693871726741\">reports<\/a> that traders are selling more than $20 million worth of Bitcoin per hour to lock in profits.<\/p>\n<p>The message is clear: the $70,000 to $80,000 band is less a battleground of conviction and more a persistent distribution zone, as traders have treated it since February.<\/p>\n<h3 class=\"wp-block-heading\">The Trump Blockade<\/h3>\n<p>Crypto prices came under further pressure during U.S. morning hours on Sunday after President Trump <a href=\"https:\/\/www.coindesk.com\/markets\/2026\/04\/12\/bitcoin-slips-below-usd71-000-as-trump-orders-blockade-of-strait-of-hormuz\">announced<\/a> a blockade of the Strait of Hormuz.<\/p>\n<p>\u201cEffective immediately, the United States Navy will begin the process of blockading any and all ships trying to enter, or &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/04\/51776647\/bitcoins-stuck-because-sellers-take-20-million-in-profits-per-hour-glassnode?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Bitcoin's\" stuck because sellers take million in profits per hour: glassnode>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) slipped below $71,000 on Monday after President Trump ordered the U.S. to join Iran in blockading the Strait of Hormuz. The Profit-Taking Pressure Blockchain analytics firm Glassnode reports that traders are selling more than $20 million worth of Bitcoin per hour to lock in profits. The message is clear: the $70,000 to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-80672","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80672"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80672\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}