Glassnode has revealed in its weekly on-chain crypto market report that the bitcoin (BTC) price crash that happened in late February is actually a good thing for the markets, as it has “flushed out” weak hands, and excessive leverage trading. BTC Price Slump Good for the Markets In its week nine on-chain cryptocurrency markets report,
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Source: https://btcmanager.com/data-reveals-februarys-bitcoin-price-correction-burned-leverage-traders-and-weak-hands/