BTC approaching $88000 is facing selling pressure, and the selling pressure has weakened at present

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BTC is facing selling pressure from buying costs as it approaches $88000. Investors who have held it for 1 to 2 years sell in large quantities when the price rises. The break even point of the 6 to 12-month holding group is below this price range, and the selling pressure has significantly weakened. (glassnode)

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