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by: xpoolPosted on: June 11, 2025

Bitcoin Nears New Record High as Long-Term Holders Take Profits

Bitcoin (BTC) is closing in on its all-time high (ATH), currently trading around $109,500, just 2% shy of its previous peak set three weeks ago. Despite this upward momentum, a market characterized by compressed volatility and long-term holder profit-taking awaits. Analysis from Glassnode reveals the factors driving this movement.

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  3. Bitcoin Liquidation Wave Fuels Accumulation: Is a Rebound Brewing?
  4. Bitcoin Nearing $112K: Fed Decision to Drive Market Rally or Consolidation?
Bitcoin Cryptocurrency Market Analysis

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