BTC CBD Heatmap Update
The first dense supply cluster sits at $95.5k–$97k, just below the short-term holder cost basis at $98k.
This confluence marks a key threshold, where holding above it favors bull continuation, while a break below could trigger a bearish phase for mid-term to long-term.
Cost Basis Distribution is now a standalone metric in Glassnode Studio, with full-resolution charts, precise supply visibility, and expanded support for major L1s like $SOL, $TRX - as well as $XRP, $DOGE, $BNB, $TON, and more:
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