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Glassnode: Selling pressure from long-term Bitcoin holders eases, and net BTC outflows decline
Svmuu News: Glassnode released data on X indicating that the pace of selling by long-term Bitcoin holders has slowed. Net outflows have retreated from extreme levels, suggesting that the market is gradually absorbing supply from long-term holders and that a significant portion of the supply pressure from above may have been largely absorbed.
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