The support under $BTC has started to disappear.
The heavy wall of buy orders that built below price in June has begun to drain away. What remains is a much thinner floor.
In our weekly updates we've been monitoring this metric closely 👇
https://x.com/glassnode/status/2087586319983882446?s=20
Post #1877
5.31K

- 👍 20
- 😐 7
- ❤ 5
- 🔥 5