Cointelegraph flagged ~50K BTC moving at a loss — wallet flows that often show up when holders stop averaging down and just take the hit.
BTC is at $59,963, flat on the day. ETH at $1,572 (-0.3%). SOL down 2%. Fear & Greed reads 18, extreme fear.
Perp funding on BTC is still slightly positive at 0.0043%. Longs haven't fully washed out. If more underwater supply hits the open market, the flush could get sharper before anyone calls a bottom.
#crypto $BTC #Bitcoin #AI #CryptoAI #MarketOutlook
Not financial advice.
BTC is at $59,963, flat on the day. ETH at $1,572 (-0.3%). SOL down 2%. Fear & Greed reads 18, extreme fear.
Perp funding on BTC is still slightly positive at 0.0043%. Longs haven't fully washed out. If more underwater supply hits the open market, the flush could get sharper before anyone calls a bottom.
#crypto $BTC #Bitcoin #AI #CryptoAI #MarketOutlook
Not financial advice.