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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Despite three consecutive days of net inflows into Bitcoin Spot ETFs, Bitcoin's price continues to decline. This suggests one of two likely scenarios: either early investors who were trapped above $100K are finally breaking even and offloading their positions, or whales and retail investors who accumulated between $70K–$80K are now engaging in profit-taking. Beyond these factors, there appear to be no other clear catalysts for the current price action.