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Glassnode Report: Bitcoin forms strong support at $117,000, with strong buying power

2025-07-28 16:39:50

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ChainCatcher news, according to the latest report from the on-chain data analysis platform Glassnode, the $117,000 price level for Bitcoin continues to attract buying demand, with approximately 73,000 Bitcoins currently held at this cost basis. Each market pullback is steadily absorbed by investors, indicating strong buying power in this price range.

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