Derived from BitJie, Bitcoin dropped to a two-week low of $111,500 on Tuesday amid a surge in long liquidations. Despite the sell-off, seven-day volatility remains stable at 1.1%. Short-term holders have started realizing losses, with 30,000 BTC (worth $3.39 billion) moved to exchanges at a loss. The broader crypto market saw $1.6 billion in leveraged losses, with Bitcoin’s futures open interest remaining high at 305,000 BTC. Analysts note that large liquidations often signal market imbalances and weaker momentum ahead. Meanwhile, institutional demand for Bitcoin remains strong, with ETF inflows and increased holdings from firms like Strategy and Metaplanet.
Bitcoin Falls to Two-Week Low Amid Surging Liquidations
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