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James Van Straten
James Van Straten|Nov 13, 2026 16:29
I 100% believe people were selling bitcoin to fund the SpaceX IPO back in June during the mania. But selling bitcoin here to fund Anthropic, I don't know if I believe that.
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Timeline

Nov 13, 16:08Short sellers switched to a long position and started buying Bitcoin again.
Nov 13, 16:08Jane Street doubled her holdings in the spot Bitcoin ETF.
Nov 13, 15:50Bitcoin trading saw a sustained sell-off.
Nov 13, 14:53Bitcoin price hits new low
Nov 13, 13:36Bitcoin plunges to $67,500 overnight.
Nov 13, 11:28Coinbase stops selling spot Bitcoin
Nov 13, 11:22Bitcoin fell to $69,000 due to concentrated selling and weak demand.
Nov 13, 10:45Bitcoin has closed below $75,400 for six consecutive trading days.
Nov 13, 10:19Bitcoin has closed below $75,400 for six consecutive trading days.
Nov 13, 09:18Bitcoin fell below $70,000, and Ethereum fell below $2,000.

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