📊 #BTC GLASSNODE: SMOOTHED NET REALIZED P&L EXCEEDED $5M/HR. PRICE PEAKED AT $69.4K AND STALLED. PROFIT-TAKING CONTINUES TO ABSORB MOMENTUM AT THE $70K THRESHOLD, CONSISTENT WITH A THIN LIQUIDITY REGIME WHERE EVEN MODEST REALIZATION EVENTS ARE SUFFICIENT TO SUPPRESS RECOVERY
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📊 #BTC GLASSNODE: SMOOTHED NET REALIZED P&L EXCEEDED $5M/HR. PRICE PEAKED AT $69.4K AND STALLED. PROFIT-TAKING CONTINUES TO ABSORB MOMENTUM AT THE $70K THRESHOLD, CONSISTENT WITH A THIN LIQUIDITY REGIME WHERE EVEN MODEST REALIZATION EVENTS ARE SUFFICIENT TO SUPPRESS RECOVERY