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Bitfinex news today
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Analysis
Retail accumulation absorbs fresh supply, propels Bitcoin to record highs
Despite heavy institutional buying after the $110,000 was breached, retail accumulation laid the groundwork by draining exchange balances for months.
Adoption
Bitcoin treasury adoption up 3x YoY, corporates accumulated 725,000 BTC so far
A Keyrock report priced the treasury company cohort at an aggregate 73% premium to the net value of their coins.
Analysis
Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff
Wallets holding 1,000 BTC to 10,000 BTC shed roughly 14,000 BTC since June 30, while short-term holders added about 382,000 BTC in the same window.
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Bitfinex is a long-running centralized cryptocurrency exchange operated by iFinex Inc., offering spot trading, derivatives, margin trading, lending, and over-the-counter (OTC) services for digital assets.
