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Miss_bitcoin
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Currently, $BTC spot trading is dominated by whales. They are trading at low prices. And new whales are rapidly increasing their holdings. However, it's important to note that the increase in holdings by new whales is smaller than the data suggests. Currently, CryptoQuant's data does not reflect the effect of the Coinbase wallet migration, which may result in some inaccuracies. However, the fact that they are increasing their holdings during the decline is accurate data, and this is a clear positive signal.
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Bitfinex whales' $BTC long positions continue to increase. On the other hand, short positions are rapidly decreasing again. #USJobsData #BTCRebound90kNext?
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The $BTC CVD indicator shows a calm situation. Most investors are taking a wait-and-see approach ahead of the PPI announcement. Also, there are still no major selling walls.
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In the past 24 hours , 113,829 traders were liquidated , the total liquidations comes in at $340.69 million. The largest single liquidation order happened on Hyperliquid - $BTC value $8.61M.
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If $BTC breaks above 90k, there will be no resistance from short positions until around 93.5k.
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