$BTC Rally Drives 97% of Supply Into Profit, Glassnode Reports !!!
Analytics platform Glassnode reported that BTC's surge to a new all-time high near $126,000 earlier this week was powered by strong institutional demand and steady accumulation from smaller market participants rather than speculative activity. The firm's analysis reveals that 97% of circulating supply is now in profit, a level typically associated with late-stage bull cycles.
#BTC #Glassnode #accumulation #etf #report
BTC
76,154.44
-2.92%
ETH
2,256.59
-1.46%
XRP
1.6021
-0.05%