'Accumulation beneath the surface': Bitcoin rebounds above $61,000 as long-term holders accumulate amid steady ETF outflows
Bitcoin trades back above $61,000 after bottoming near $57,800 this week, even as spot ETFs posted a $296 million net outflow on July 1.Glassnode and Bitfinex analysts both say long-term holders are quietly accumulating beneath the selloff, even as ETFs turned net sellers of bitcoin for the first time this cycle.
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