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Glassnode: Bitcoin Sell-off Pressure Easing, Early Accumulation Signs Emerging

Glassnode: Bitcoin Sell-off Pressure Easing, Early Accumulation Signs Emerging

BlockBeats News, March 5th, Glassnode posted on social media that the outflow momentum of BTC spot ETF funds is slowing down, and the 14-day net inflow trend has turned upwards, indicating that as BTC breaks through $70,000, the selling pressure is easing. Institutional demand still appears hesitant, but early signs of re-accumulation have begun to emerge.

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