BTC quickly recovered after dropping below 90,000, but $519 million in long positions have already been liquidated.

BTC's lowest point today reached $89,816, then rebounded to $90,212.

In the last 24 hours, long positions worth $519 million were liquidated, with an additional $190 million in the past hour. The market did not give any reaction time.

Interestingly, the 7-day ETF net inflow remains positive - $1.34 billion. Institutions are buying, while retail investors are liquidating.

Who is on the opposite side?