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Glassnode Glassnode @glassnode · 44.2K subscribers
Post #1662 5.6K
At $76.7k, more than 7.8M BTC are currently held at a loss.

The supply overhang from buyers near cycle highs remains substantial, a weight the market will need to absorb before any sustained move higher becomes structurally credible.

📉 glassno.de/4wrCX4y
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