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ARK’s Cathie Wood Flags Bitcoin Slowdown—But Long-Term Holders Keep Stacking to Record Highs
ARK’s Cathie Wood Flags Bitcoin Slowdown—But Long-Term Holders Keep Stacking to Record Highs
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Bitcoin's bull run hits a speed bump—just as hodlers go all-in.
The big disconnect: While short-term traders tap the brakes, ARK Invest's latest data shows Bitcoin's long-term holder supply just smashed its ATH. Guess who's laughing now?
Institutional déjà vu: Wall Street's suddenly rediscovering 'volatility' after treating crypto like a leveraged ETF. Meanwhile, the OGs keep accumulating like it's 2020.
The bottom line: Price action might be cooling, but conviction's heating up. Either the diamond hands know something—or they've finally tuned out the Fed's press conferences.
*Cynical finance jab*: Traders panic-selling at $60k would’ve paper-handed Amazon stock in 2001 too.
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