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Glassnode: $47k showed strongest on-chain support since BTC broke $11k

by Cointelegraph By Joshua Mapperson | Mar 9, 2021 | Accumulation, Bitcoin', Glassnode, News, on-chain support |

Approximately 6.5% of Bitcoin’s circulating supply moved on-chain while the markets found support at $47k, representing “one of the largest on-chain BTC accumulation levels” ever.

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