Glassnode: The selling pressure on Bitcoin is easing, and early signs of reaccumulation are beginning to emerge

Glassnode posted on social media that the outflow momentum of BTC spot ETF has slowed down, and the net inflow trend on the 14th has turned upward, indicating that as BTC breaks above $70,000, the selling pressure is easing. Although institutional demand still appears hesitant, early signs of re-accumulation have begun to emerge.

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