đđ $BTC #Glassnode report:
âȘïž Spot price breaks above several key technical and on-chain price levels;
âȘïž All subgroups in the cohort of short-term holders now have unrealized gains, which is likely a tailwind for market sentiment;
âȘïž Open interest in the futures markets has also recently expanded, reaching a new ATH;
âȘïž CME's dominance highlights the growing presence of institutional investors in the digital asset space, with clear signs that a cash-and-carry strategy is in play.