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From:
Glassnode Insights - On-Chain Market Intelligence
(Uncensored)
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Grounding Through Confluence
https://insights.glassnode.com/the-week-onchain-week-27-2024/
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The Bitcoin market is in an interesting spot, with the average coin still up 2x, whilst most Short-Term Holders are underwater. A multitude of volatility measures are also heavily compressed, suggesting a larger move is on the horizon.
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