BTC drops below 63k, $2.8 billion liquidated in two days
This morning, BTC fell below 63k, hitting a low of $63,314, marking a new low since February.
In just two days, it plummeted from 70k to 63k.
According to CoinGlass data: $1.12 billion was liquidated in the last 24 hours, affecting 166,000 traders, with long positions making up 85%. Adding yesterday’s $1.76 billion, that totals nearly $2.9 billion wiped out in two days.
This isn’t a black swan event. It’s three knives coming down at once: 11 consecutive days of net outflows from ETFs, Saylor selling for the first time in four years, and the breakdown of US-Iran negotiations.
70k couldn’t hold, is 63k the bottom?
#BTC #爆仓 #两天28亿
This morning, BTC fell below 63k, hitting a low of $63,314, marking a new low since February.
In just two days, it plummeted from 70k to 63k.
According to CoinGlass data: $1.12 billion was liquidated in the last 24 hours, affecting 166,000 traders, with long positions making up 85%. Adding yesterday’s $1.76 billion, that totals nearly $2.9 billion wiped out in two days.
This isn’t a black swan event. It’s three knives coming down at once: 11 consecutive days of net outflows from ETFs, Saylor selling for the first time in four years, and the breakdown of US-Iran negotiations.
70k couldn’t hold, is 63k the bottom?
#BTC #爆仓 #两天28亿