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🚀 Bitcoin Distribution Remains Steady Amid Market Pressure

According to Foresight News, blockchain data analysis platform Glassnode reports that since the release of its report on August 25, the distribution of Bitcoin has stabilized but not reversed. Most Bitcoin holders remain below the 0.5 threshold, indicating ongoing selling pressure. Currently, no group shows strong accumulation, defined as greater than 0.8. The market overall remains in a neutral to distribution state.

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