Macro-driven ETF inflows have lifted prices, but CryptoQuant data signals large holders are positioning to sell near a key breakeven zone Bitcoin’s climb toward the mid-$70,000s is being powered by steady institutional and macro-driven ETF inflows rather than a surge in retail speculation. As prices near about $76,800, on-chain data show a sharp increase in exchange deposits from larger holders, suggesting many are selling at or near their breakeven levels. This creates a late-cycle "handoff" i…
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