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jimii
Long-Term Holders Sold Into the ETF Bid
Long-term holder supply fell 50,017 BTC, about 13x the 3,700 BTC the ETFs bought.
The buying stopped Thursday. BTC ETFs lost $780.0M over two sessions, and spot sellers beat buyers by $208.7M over three.
Traders kept paying for leverage. Funding rose about a quarter on the week, into the top fifth of its 90-day range.#SKhynixQ3HBM4Earnings $BTC
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