Bitcoin’s On-Chain Profitability Has Surged With 97% of Supply Now in Profit: Glassnode
Glassnode says bitcoin’s breakout to record highs came on the back of $2.2 billion in ETF inflows and steady accumulation from smaller holders, not speculative hype. What to know: Bitcoin’s latest breakout is being fueled by institutions and steady on-chain demand rather than speculation, according to new data from Glassnode. […]
