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翻訳
📊 #Glassnode report:
▪️ $BTC 's strong market performance over the past 12 months is supported by notable growth in both spot trading volumes and on-chain flows, related to exchanges;
▪️ Profit taking is cooling down in recent weeks;
▪️ The balance of wealth is roughly balanced between long-term holders and new demand, suggesting that the “euphoria” phase is still relatively early from a historical point of view.
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