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📊 What is driving #Bitcoin’s latest pullback? HashKey Senior Researcher Tim Sun @TiezhuCrypto points to macro risk-off sentiment and continued selling from long-term holders, rather than leverage-driven liquidations. While ETF inflows are recovering, on-chain data suggests selling pressure may be

@hashkeygroup·Jul 20, 2026·2 sources·neutral
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HashKey's Tim Sun attributes Bitcoin's pullback to macro risk-off sentiment and long-term holder selling, not leverage-driven liquidations, with on-chain data suggesting selling pressure may peak soon.

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