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📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
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Data: Glassnode, BTC has seen concentrated selling in the range of 109,000 to 115,000 USD, and the recent rise is being used for hedging.
ChainCatcher news, Glassnode posted on social media that the net premium flow of BTC shows concentrated selling in the price range of $109,000 to $115,000, indicating that the recent price rise is being used for hedging operations. This suggests that traders are adopting defensive positioning strategies during market consolidation, utilizing price strength for risk management.