Glassnode: Bitcoin selling pressure has eased somewhat, but institutional demand is still in the exploratory stage.

CoinFeed reported on March 6th that Glassnode published an analysis on the X platform stating that the outflow trend of funds from Bitcoin spot ETFs has stabilized. The 14-day net inflow trend has turned upward, indicating that selling pressure is easing as Bitcoin breaks through $70,000. Institutional demand is still in a tentative phase, but early signs of renewed accumulation are emerging.