Glassnode says 3.44M BTC changed hands between $58K and $67K

A major supply cluster of 3.44 million BTC has formed in the $58,000-$67,000 range, according to Glassnode. The firm said the zone could serve as a key support area if a pullback occurs. Glassnode added that about 2.23 million BTC, or roughly 11% of total supply, changed hands in the range as Bitcoin moved without a clear direction over the past 11 weeks.