As price contracted to $72.9k, the supply held at a loss rose to 8.33M BTC, up from 7.75M at $76.6k. The delta implies roughly 580k BTC was accumulated in the $72.9k–$76.6k range, a local top-heavy structure now fully underwater. This cohort adds to near-term sell pressure as holders reassess their positions into the correction. 📉http://glassno.de/3PmsF5h(glassnode)