On-chain analytics firm Glassnode released its weekly cryptocurrency market report on the 21st. It noted that although Bitcoin (BTC) prices fell to approximately $80,000 on the 15th, buying interest emerged just below the average acquisition cost of spot ETFs (Exchange-Traded Funds) and treasury companies, leading to a recovery in the order book within a few days.
Furthermore, above the current price, there is a range of acquisition costs between $85,000 and $87,500, representing purchases made 6 to 12 months ago, ...