$BTC ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐ถ๐ป๐ณ๐น๐ผ๐๐ ๐ถ๐ป๐ฐ๐ฟ๐ฒ๐ฎ๐๐ฒ๐ฑ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ฑ๐น๐, ๐น๐ถ๐ณ๐๐ถ๐ป๐ด ๐ฅ๐ฒ๐ฎ๐น๐ถ๐๐ฒ๐ฑ ๐๐ฎ๐ฝ ๐๐ง๐ ๐ฎ๐ฏ๐ผ๐๐ฒ $900 ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป ๐ณ๐ผ๐ฟ ๐๐ต๐ฒ ๐ณ๐ถ๐ฟ๐๐ ๐๐ถ๐บ๐ฒ
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A historic milestone that underscores the depth of liquidity in the market;
- After one of the sharpest improvements in returns for short-term #BTC holders in history, spending activity by this group has surged, recording peak realized gains of $747 million per day and cumulative gains of $11.4 billion over the past 30 days;
- The $2,400-$2,900 range remains the most important area for #ETH, acting as both a resistance zone and a potential breakout level needed to sustain upward momentum.
โ ยฉ Glassnode