Unchained

Who Bought Bitcoin’s Breakout? The Answer Will Decide Whether The Price Holds

In August, bitcoin’s rally was driven by spot bitcoin ETFs, which bought for nine straight trading days, and by short sellers who were forced to buy back as the price rose. When the ETF buying faded, the rally stalled. This week’s move above $86,000 started the same way, with slightly

Read the full article on Unchained

Opens in a new tab. Cointrackx tracks this click for statistics.

Partner

Sponsored • Award Winner

Finst named Best Crypto Platform 2025

Awarded the IEX Golden Bull for security, costs, and selection.

Free €20,- Bitcoin

Related news

Cointelegraph

Justin Drake urges crypto ‘bunker mode,’ as AI could break wallet security within months

NewsBTC

Metaplanet Sold 10,000 Bitcoin, Then Bought 11,000 Back. Here’s Why

CryptoSlate

OpenAI math breakthroughs raise ‘bunker mode’ alarm from Bitcoin researcher Justin Drake