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Glassnode says Bitcoin pullback has eased much market overheating

NewsFeeds update

Glassnode says Bitcoin's roughly 10% fall from its September peak cut the share of short-term holder supply in profit to about 38% from over 97.5% in early October, and flushed out much leverage built since August. It says fresh capital remains limited, with about $1bn of net outflows from US spot Bitcoin ETFs in two weeks.

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