Why Matrixport’s 80% Liquidation Is Shaking Bitcoin’s Foundation

Bitcoin’s structural integrity is facing an aggressive test as Matrixport, a major institutional treasury, has reportedly liquidated approximately 80% of its total cryptocurrency holdings over a condensed five-day period. Real-time transaction monitoring confirms a persistent, high-volume outflow, with millions of dollars in BTC being deposited directly onto Binance for immediate market distribution.

This massive institutional sell-off arrives at a critical technical juncture, potentially accelerating the current mid-cycle digestion phase. For sophisticated analysts, this non-stop distribution suggests a tactical de-risking maneuver or an internal liquidity requirement. As a significant supply overhang hits the order books, the market must now absorb this sudden inflow. Whether this liquidation marks a local bottom or triggers a deeper structural retest depends entirely on the strength of the remaining demand. $BTC