Glassnode: BTC selling pressure has eased, institutional demand remains in the testing phase

BTC2,97%

Foresight News reports that Glassnode’s data shows Bitcoin spot ETF fund flows have stabilized after continuous outflows. The net inflow trend on the 14th has shifted to an upward trend, indicating that as BTC breaks above $70,000, selling pressure has eased. Institutional demand remains in the testing phase, but early signs of reaccumulation are emerging.

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