Bitcoin supply in profit rises to 68% at $78K in late August

Verifying
  • Bitcoin supply in profit reached 68% at $78,000 in late August, Glassnode data shows.
  • 68% compares with 65% in May, while Short-Term Holder Cost Basis was near $71,000.
  • Glassnode said summer accumulation reset the Short-Term Holder Cost Basis near $71,000.
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