2 weeks ago
BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave
BitcoinBinance open interestBitcoin four-year cycleBitcoin futures capitulationBitcoin Price AnalysisBTC price dropBTC weekly declinecrypto derivatives marketspot Bitcoin ETF outflows
TLDR: Bitcoin dropped 16% this week as aggressive futures selling on Binance dominated price action. Binance recorded nearly $15B in futures sell volume on Friday alone, signaling mass capitulation. Spot Bitcoin ETFs posted $1.75B in net outflows, marking their worst weekly result since April 2025. Analyst Astronomer argues the four-year cycle bottom need not breach [...]
The post BTC Drops 16% as $15B Binance Futures Selling Triggers Capitulation Wave appeared first on Blockonomi.
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