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UnchainedOctober 29, 20262 min read

Galaxy’s Alex Thorn Says Bitcoin Held Near $80,000 Because Hedge Funds Had Already Sold

Galaxy's research chief pointed to 13F data showing trading-driven hedge funds and bank desks had already pared their spot bitcoin ETF positions by June.

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Galaxy’s Alex Thorn Says Bitcoin Held Near $80,000 Becaus…