Glassnode: Insufficient trading volume and new capital after Bitcoin broke through 85,000 USD; short-term holders took profits
Glassnode’s report stated that when Bitcoin broke through 85,000 USD, trading volume was low and new capital over the past 30 days was insufficient, while the proportion of short-term holder inflows rose to a 1-year high. A break below 81,000 USD could trigger liquidations below.