Glassnode: $47k showed strongest on-chain support since BTC broke $11k

Glassnode: $47k showed strongest on-chain support since BTC broke $11k


Approximately 6.5% of Bitcoin’s circulating supply moved on-chain while the markets found support at $47k, representing “one of the largest on-chain BTC accumulation levels” ever.

Posted by Cointelegraph By Joshua Mapperson on March 9, 2021 @ https://cointelegraph.com/news/glassnode-47k-showed-strongest-on-chain-support-since-btc-broke-11k

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