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The Glassnode weekly report says Bitcoin is under pressure, with stablecoin supply shrinking by 14200000000 USD over the past 30 days

The Glassnode weekly report says Bitcoin fell to around 74000 USD, stablecoin supply decreased by 14200000000 USD over the past 30 days; spot ETFs turned to net outflows, while long leverage was flushed out, order book bids are thicker, and two major whale clusters resumed accumulation.

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