NEW: ๐ 68% of #Bitcoin supply in profit at $78K in late August, up from 65% in May, per Glassnode data. "Summer accumulation reset the Short-Term Holder Cost Basis near $71K," the firm notes. ๐ "Identical nominal prices now activate a larger volume of profitable coins."
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NEW: ๐ 68% of #Bitcoin supply in profit at $78K in late August, up from 65% in May, per Glassnode data. "Summer accumulation reset the Short-Term Holder Cost Basis near $71K," the firm notes. ๐ "Identical nominal prices now activate a larger volume of profitab
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