Glassnode data shows that Bitcoin has fallen below the $75,600 cost price for short-term holders, with approximately 65% of recent BTC purchases currently at a loss.
Stablecoin supply has decreased by $14.2 billion in the past 30 days, the fastest contraction since June 2022, while the U.S. spot Bitcoin ETF recorded a net outflow of $1.6 billion in 20 trading days.
Wallet addresses holding 100 to 10,000 BTC have begun to increase their holdings. Glassnode considers $73,000 a key support level.