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Glassnode Glassnode @glassnode · 44.1K subscribers
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Amidst macro headwinds, #Bitcoin investors have opted to close out leverage, buy put option insurance, and de-risk ahead of Fed rate hikes expected in March.

We also analyse whale, miner and investor on-chain supply dynamics to assess the prevailing accumulation and distribution trends. Finally, we introduce a number of #Bitcoin supply sinks including ETF holdings, wrapped $wBTC, and the coins held by the Mt Gox Trustee

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