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Little snippet from our newsletter highlighting an important chart from @glassnode
"This $98k level is also important given that the Short-Term Holder (STH) cost basis (aggregate entry price of recent investors) sits at $98.3k, according to data from Glassnode. As Glassnode point out “historically, reclaiming and holding above the Short-Term Holder cost basis has marked the transition from corrective phases into more durable uptrends"

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