Retail investors buying long-term drove Bitcoin (BTC) out of its four-month channel between $100,000 and $110,000 to a new all-time high of $123,120, a 65% rebound from April’s tariff-panic low. According to the latest Bitfinex Alpha report, the move to heavy bidding from wallets holding fewer than 100 BTC, while long-term holder selling slowed. Grassroots
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