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Bitcoin’s $67,000 crash puts $57 billion holder cluster at risk as ETF investors flee

Bitcoin’s $67,000 crash puts $57 billion holder cluster at risk as ETF investors flee
AI summary

Bitcoin's drop to $67,000 puts a cluster of roughly 855,000 BTC held near current prices at risk, according to CryptoSlate. That supply was placed near these levels by Coinbase's November 10 distribution, so sustained buying is needed to hold support. ETF investors are also leaving, which a trader would watch as a sign that demand may not absorb the overhead supply.

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