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Over 2.1M BTC Return to Profitability based on Realized Price, $955M in Shorts Liquidated in 24 Hrs with Bitcoin Reaching $39K: Report

As Bitcoin prices rally higher, more than 2.1 million $BTC have now “returned to profitability based on their realized price,” according to an update from Glassnode. According to Glassnode, this indicates that 11.2% of the circulating Bitcoin supply has an “on-chain cost basis between $29k… Read More

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