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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #1547 6.36K
Since early February, every attempt to reclaim $70k has met demand exhaustion, with even >$5M/hour in net realized profit triggering rejection.
Contrast that with Q3 2025’s euphoric phase, when profit realization surged to $200–350M/hour.
Ongoing regime of thin liquidity makes a sustained recovery into the $70–80k range structurally challenging.

📉http://glassno.de/4kHB925
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