Bitcoin Drop Fueled by Liquidations, Not a Collapse in Spot Demand

TLDR: BTC price decline linked to long position liquidations, not spot market selling. Forced closures of leveraged futures amplified temporary volatility in Bitcoin. Exchange inflows remain moderate, indicating limited immediate selling pressure. Large holders are not actively selling, supporting stable price consolidation. Bitcoin’s recent price movement was largely driven by liquidations in the derivatives market [...]

The post Bitcoin Drop Fueled by Liquidations, Not a Collapse in Spot Demand appeared first on Blockonomi.