According to @glassnode, the $117,000 price level for BTC continues to see strong buying interest, with approximately 73,000 BTC now held at this cost basis. Each price dip is being absorbed by investors, indicating steady accumulation within this range and suggesting robust support at $117K for traders to watch. This trend may influence short-term BTC price stability and potential upward momentum as long-term holders continue to build positions (source: @glassnode).