Glassnode: Profit-Taking Flows From Short-Term Bitcoin Holders Return to Yearly Average
- —Short-term holders in profit accounted for a one-year high share of BTC exchange inflows two weeks ago
- —That flow has now returned to its yearly average
- —On Oct. 7 Glassnode noted BTC's push above $85,000 came on low volume and limited new money
Why it matters: Easing selling pressure from one source could help BTC recover, but without fresh buyer inflows the rebound remains fragile.
Source: Koin Bülteni
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