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Bitcoin Faces Leverage Risks as Tether Accumulates and Spot Demand Lags

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The Story

News Summary

  • Tether continues accumulating Bitcoin for its treasury while miner selling pressure eases following recent AI capex funding.
  • However, weak spot demand and rising derivatives open interest point to elevated leverage risks and potential near-term volatility.
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BTCUSD price history

78409.48 +19.02% over the displayed period

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