Bitcoin Price Risks Pullback as Spot Demand Weakens

TLDR Bitcoin price climbed from $66,000 to nearly $79,500, driven mainly by strong perpetual futures demand. Spot market data shows net selling over the past 30 days despite renewed ETF inflows. On-chain metrics indicate that retail traders increased long leverage positions. Whale accounts are positioned for a correction and historically outperformed retail traders in similar [...]

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