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BTC falls below $114,000

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The “Whale with 75% Win Rate in Four Battles against ETH” has reopened his ETH short position back to 35,000, equivalent to approximately $127 million.

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Analysis: Yesterday's record-breaking daily net outflow from US spot Ethereum ETFs was due to short-term profit-taking, not a decline in institutional demand.

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Peter Schiff: September rate cut is not a done deal, inflation may be higher than expected

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