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$BTC Bloodbath for longs Happy life for shorts
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$BTC the reason behind the price drop:- Yesterday, the Bitcoin ETF outflow amounted to $55 million. Among the key players, Grayscale's GBTC faced a significant net outflow of $166 million, while BlackRock's IBIT saw a contrasting net inflow of $111 million. Fidelity's FBTC remained neutral with a net inflow/outflow of zero. From past couple of hours BTC is retaining its value because of the retail investors,they are taking advantage of low price and acting bullish in market, you can clearly analyse the bullish pattern after the yesterday dump.
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$BTC will retain it’s value very soon, those who are saying that BTC will dump to 55,000$ they are just making wrong assumptions without reasonable knowledge.
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#Write2Earn #BTC $BTC $ETH According to Coinglass data, the total liquidation amount across the network reached 161 million US dollars in the past 24 hours. Of this, long position liquidations were about 64.04 million US dollars and short position liquidations were about 96.89 million US dollars. Bitcoin liquidations were approximately 57.44 million US dollars, while Ethereum liquidations were around 42.96 million US dollars.
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#Write2Earn $ETH Lookonchain monitoring shows that yesterday, a whale deposited 11,275 ETH ($37.4 million) into Binance, with a loss of about $500,000. As the price of ETH rose, the whale withdrew 9,092 ETH ($31.7 million) from Binance in the past hour and borrowed 18 million USDT to buy more ETH.
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