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Glassnode: Selling pressure on BTC eases, with early signs of re-accumulation emerging
05/03/2026 05:45
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Svmuu News: Glassnode posted on X stating that outflows from BTC spot ETFs have stabilized following a prolonged period of outflows, and the 14-day net inflow trend has turned upward. This indicates that selling pressure has eased as BTC broke through the $70,000 mark; while institutional demand remains cautious, early signs of re-accumulation are emerging.
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