Tag: Glassnode

Bitcoin crashes through $81,000 buy wall as $1 billion crypto liquidation bloodbath unfolds

A massive cryptocurrency selloff triggered a $1 billion liquidation bloodbath, pushing Bitcoin below $81,000 and causing sharp drops across Ethereum, Solana, and other digital assets.

Bitcoin keeps losing ground when Wall Street opens as Coinbase discount deepens

Bitcoin faces intensified downward pressure during US trading hours as valuations on Coinbase slide to a $64 discount compared to Binance, though most losses concentrated across just two specific sessions.

Bitcoin’s failed breakout reveals a dangerous mix of thin volume and easy profits

Bitcoin dropped nearly 5% over the week after a failed breakout above $85,000, driven by thin trading volumes, sluggish market participation, and heavy profit-taking from short-term holders.

Bitcoin futures drop $1.4B, but spot buyers step in to help

Bitcoin futures open interest dropped significantly to $36.6 billion as spot buyers stepped in, helping absorb active supply while younger coin cohorts maintained market price sensitivity during recent volatility.

Bitcoin’s $85,000 recovery awaits proof that ETF investors kept buying after payrolls

Bitcoin's recovery past $85,000 faces a demand test following a drop in rate hike wagers, with investors watching whether exchange-traded fund inflows and sustained buying will continue after the recent US payrolls report.

Bitcoin’s $87,000 rally just flipped from short squeeze to long risk

Bitcoin recently rallied to $87,400, initiating a new bull market and triggering short liquidations, but weakening spot demand, rising profit-taking, and shifting leverage now present new risks for long traders.

Bitcoin’s $84,000 wall gets harder to break as ETF inflows sink to $31 million

US Bitcoin exchange-traded funds recorded a modest $31 million in net inflows as institutional interest cooled, while Bitcoin faced strong resistance near the $84,000 supply wall.

Bitcoin clears $86,000 as $1B in shorts liquidated again – battle now shifts to $90k

Bitcoin surges past $86,000, triggering $1 billion in short liquidations and pushing the cryptocurrency to its highest valuation since January. Market attention now shifts toward the $90,000 threshold as options open interest concentrates.

Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade

Strategy and Strive collectively purchased roughly $183 million in Bitcoin last week as a renewed cryptocurrency rally past $85,000 helped corporate balance sheets recover previous unrealized losses.

Offshore Bitcoin futures crash 97% as traders abandon traditional risk

Offshore Bitcoin dated futures volume has crashed 97% since 2021 as traders split their activity between perpetual futures and options, according to Glassnode and CryptoSlate data.