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Glassnode: Data shows that Bitcoin's breakthrough of $100000 in this round was driven by buying in the spot market

律动BlockBeats|5月 14, 2025 08:54

BlockBeats news, on May 14th, Glassnode data showed that the 7-day moving average (SMA) of Bitcoin spot trading volume increment has turned positive, hitting a local high near $5 billion yesterday. This positive net buying demand has only appeared a few times this year, confirming that the trend of breaking through $100000 is supported by real buying in the spot market.

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