Bitcoin's Realized Cap Net Position Change Rises, But Inflows Lag

Bitcoin's 30-day realized cap net position change has increased to $2.8 billion per month, according to Glassnode. However, inflows are still below levels seen in previous breakout phases. Analysts have noted that the overhead supply near $86,900 and negative funding rates since March are hindering Bitcoin's ability to surpass the $80,000 mark.