$BTC – VOLATILITY SURGES, BUT TOP MAY STILL BE AHEAD
$BTC NEARS ATH AT $118.5K
SHORTS WIPED OUT AS RATES & OI SKYROCKET
Bitcoin just erased $1.14B in shorts and blasted toward a fresh ATH with a 6.5% daily pump. Meanwhile, USDT yield on OKX soared to 53%, echoing a similar setup seen before BTC’s $90K breakout in late 2024.
Miners moved 3,900 BTC to exchanges for the first time in weeks, yet long-term holders remain unfazed — pushing supply into cold storage. Realized Cap jumped $4.4B, confirming real capital flow.
With MVRV still at 2.2 (far from the 2.75 top), analysts are eyeing $130,900 as the true inflection point.
The run may not be over — it’s just heating up.