glassnode(@glassnode):BTC treasury companies are in profit but barely buying. They hold $BTC at a cost basis of about $80K, and price has closed above it since September 18. In profit, buying can feed on itself: purchases lift price, price lifts their shares, and their shares fund more purchases.

2026.10.21 21:00

BTC treasury companies are in profit but barely buying. They hold $BTC at a cost basis of about $80K, and price has closed above it since September 18. In profit, buying can feed on itself: purchases lift price, price lifts their shares, and their shares fund more purchases.

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glassnode@glassnode

2026.10.21 14:20

Binance asks and the biggest liquidation clusters sit around $87K. The top buyers still cap $BTC price near the same levels. A daily close above that level with ETF inflows would show buyers absorbing the supply. More in this week's Week On Chain

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