Glassnode: Long-term Bitcoin holders' selling pressure eases, BTC net outflows decline
According to Odaily, Glassnode released data on the X platform indicating that the selling pace of long-term bitcoin holders has slowed down. The net outflow has retreated from extreme levels, suggesting that the market is gradually absorbing the supply from long-term holders, and a significant portion of the overhead supply pressure may have already been largely digested.
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