Bitcoin's rollercoaster ride hit a loop-de-loop as sellers took the wheel, sending BTC below $93,000. Margin traders felt the pinch with $337.6M in buy-side liquidations. 📉

Long-term holders, with a cost basis 71% lower than the market price, decided to cash in on the rally from $74K to $99K. Talk about a profitable pit stop!

As BTC flirted with $90K, short positions surged, and funding rates spiked. Traders eyeing a dip below $94K are ready to pounce. Buckle up, crypto enthusiasts—it's a wild ride!