Deep Tide TechFlow News, February 24 — Glassnode data shows that during Bitcoin’s recent decline, over 400,000 BTC were accumulated in the $60,000 to $70,000 range. The supply within this price range increased from approximately 997,000 on January 1 to about 1.43 million now, a 43% increase, accounting for over 8% of the non-exchange circulating supply, forming a dense holding cost zone.
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Glassnode: Over 400,000 BTC are accumulated in the $60,000 to $70,000 range
Deep Tide TechFlow News, February 24 — Glassnode data shows that during Bitcoin’s recent decline, over 400,000 BTC were accumulated in the $60,000 to $70,000 range. The supply within this price range increased from approximately 997,000 on January 1 to about 1.43 million now, a 43% increase, accounting for over 8% of the non-exchange circulating supply, forming a dense holding cost zone.