According to @glassnode, Bitcoin's Cost Basis Distribution has shifted over the past week as volatility intensified. The analysis shows that the previous air gap of thin supply below the $90K levels is being filled, indicating significant market activity where certain holders capitulated while others bought the dip. These changes suggest a redistribution of Bitcoin holdings which could influence future price movements. The charts provided by glassnode illustrate these shifts in distribution, providing insights into market participant behavior.

According to Crypto Rover, Binance CEO Changpeng Zhao (CZ) is buying the dip, which may indicate a strategic move to strengthen Binance's position in the cryptocurrency market. This action suggests confidence in a market rebound, offering traders insights into potential market stabilization and growth opportunities.