Bitcoin’s ‘Capitulation’ Weakens Further as Spot Liquidity Turns Supportive: Glassnode
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4 Articles
Glassnode: Bitcoin Builds Support Near $60K, But Recovery Hinges On Liquidity And Profitability Trends
Blockchain analytics firm Glassnode’s latest market analysis indicates that Bitcoin declined to nearly $60,000 as losses increased across the market and recently acquired holdings came under growing pressure. Despite the downturn, signs of improving liquidity, stronger passive buying activity, and continued commitment from exchange-traded fund (ETF) investors suggest that the market may be in the process of establishing a base. The report states…
Btc posting $1.4 billion in realized losses, buying activity
🚨 Realized losses in $BTC have dropped to $1.4 billion in June. 📈 Fewer investors are selling at a loss as buying demand rises on Binance. 💡 Spot market liquidity is strengthening while derivatives activity cools. Continue Reading:Btc posting $1.4 billion in realized losses,...
🚨 The losses incurred during the June sell-off in Bitcoin remained at $1.4 billion. 📉 While the same indicator rose to $2.6 billion during the February correction, this time the selling pressure was more limited. 📊 Binance data showed that buying liquidity for $BTC above $60,000 strengthened....
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