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Glassnode Analysis: As the Market Recovers, 3 Million BTC Return to Profitability
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According to Foresight News, analysis by glassnode indicates that when the market was near a local low of $74,000, over 5 million BTC were in a loss state. However, as the market recovered, this number has decreased to around 1.9 million BTC, indicating that over 3 million BTC have returned to a profitable state.
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