Glassnode says Bitcoin faces overhead selling below the average cost basis of recent buyers, near $88,000 for six- to 12-month holders and $100,000 for one- to two-year holders. It noted long-term holder realised losses down about 85% since 12 Aug, but US spot Bitcoin ETFs swung from about $3bn of net inflows between 21 Sept and 6 Oct to roughly $760m of net outflows after 7 Oct.
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