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Bitcoin Stages Sharp Rebound to Reclaim $70,000 as Short-Term Holder Profit-Taking Hits Record Scale
Add to Google Preferred Sources Bitcoin reclaimed the $70,000 level following a sharp rally on the 19th, while the movement of UTXOs in profit on Binance reached an all-time high. Short-term holders, emboldened by prices surpassing their average cost basis of $67,100, sent 44,300 BTC to exchanges—the largest such transfer in 2026. The surge was…
Shiba Inu (SHIB) has seen a modest price increase, primarily due to a broad altcoin rebound, whale accumulation signals, and improved network activity, rather than a single significant catalyst.
Bitcoin spot exchange-traded funds (ETFs) recorded a net daily inflow of $189.3 million, bringing cumulative net inflows in August close to $951 million.
XRP(XRP) sits under pressure near $1 with $2.16 billion in fresh long positions, while rapid RLUSD(RLUSD) supply growth offers a possible counterweight to the bearish setup.
$XRP traders are increasingly betting on a rebound even as the token struggles around $1 and online commentary turns its most bearish in three months.