glassnode|Jan 13, 2026 18:24
Using the newly launched Short-Term Holder Cost Basis Distribution (CBD) Heatmap, the recent $80K–$95K consolidation reflects a top-heavy cost-basis structure meeting renewed demand above $80K.
Overhead supply from recent buyers has absorbed bounce attempts, anchoring price despite sustained buying interest following the drawdown.
📉http://glassno.de/4syBK9D(glassnode)
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