As reported by TheMarketPeriodical, Bitcoin BTC faced $645 million in liquidations within 24 hours, with long positions absorbing $459 million in losses and short sellers losing $185 million. Santiment data showed a record spike in whale transactions, with over 102,900 transfers above $100,000 and over 29,000 transfers above $1 million. Whale activity shifted from heavy selling to gradual accumulation, while the price approached a critical reaction zone near $88,000–$92,000. Long-term holders protected profits near cycle support, and traders observed a tight falling channel structure that could signal a potential reversal if volatility contracts.
Bitcoin BTC Whales Flood Market as $645M Liquidations Hit Key Support
TheMarketPeriodicalShare
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