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Bitcoin (BTCUSD) Tumbles on Whale Sell-Off and Leverage Surge

The Block Read original source (opens in a new tab)
The Story

News Summary

  • Polymarket bettors increasingly price a sub-$100k Bitcoin by year-end amid whale sell-offs, rising leverage and high funding rates, while institutional buying and potential regulatory and Fed rate-cut catalysts offer counterbalancing support.
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BTCUSD price history

77705.54 +17.95% over the displayed period

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