The Bitcoin Underperformance Paradox: BTC’s been lagging all major indices & gold this year. 📉 We break down the 3 structural headwinds: 1️⃣ OG Selling: Long-term holders are rotating into AI/Tech stocks. 2️⃣ Miner Pivot: Miners are switching focus from network security to AI data centers. 3️⃣ Demand Stagnation: ETF inflows have dried up, compounded by government seizure concerns. Is $100k the ceiling? Let us know in the comments 👇 Get the full scoop on our blog: https://blog.bitmex.com/bitcoins-underperformance-understanding-supply-demand-dynamics/(BitMEX)