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Glassnode analysis reveals Bitcoin trapped between accumulation floor and dense overhead supply

Glassnode data shows Bitcoin's 26% rally consumed 86% of short liquidation fuel, with dense overhead supply between $82K and $86K capping further

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Glassnode data shows Bitcoin's 26% rally consumed 86% of short liquidation fuel, with dense overhead supply between $82K and $86K capping further

An Aug. 19 short squeeze triggered bitcoin’s rebound as Glassnode reported the largest single-day short liquidations since 2019.