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Bitcoin Dips as Whale Sales Trigger $414M in Liquidations

Crypto markets dip as whales sell $2B in BTC, leading to $414M in liquidations amid rising geopolitical risks.

  • $2B in whale Bitcoin sales spark major market reaction
  • Over $414M in long positions liquidated across crypto
  • Fear returns to market sentiment with FGI dropping to 42

Over the weekend, the crypto market experienced a sharp correction, with Bitcoin and Ethereum both recording notable losses. Bitcoin dropped by 2.9% to $107,376, while Ethereum fell 4.8% to $3,709. The downturn came after on-chain data revealed that whales—large holders of Bitcoin—offloaded nearly $2 billion worth of BTC.

These massive sell-offs appear to have spooked the market, especially as they coincided with rising geopolitical tensions around the world. As a result, panic spread among traders, leading to a cascade of long position liquidations across major crypto exchanges.

Liquidations Top $414M as Sentiment Turns Fearful

The rapid price drop triggered approximately $414 million in long liquidations, wiping out bullish bets on Bitcoin and other cryptocurrencies. Total market liquidations reached $473 million, highlighting the extent of the volatility.

Investor sentiment has now turned noticeably bearish. The Fear and Greed Index (FGI), a popular gauge of market sentiment, fell from a neutral level down to 42, signaling growing fear among participants.

Market Cap Falls Amid Uncertainty

The total crypto market cap dropped to $3.80 trillion, reflecting a broad retreat from risk assets. Analysts suggest that such whale-driven moves often lead to heightened volatility, especially when paired with macroeconomic and geopolitical uncertainties.

Despite the sell-off, some market watchers remain cautiously optimistic, noting that past liquidations have often created opportunities for buyers to re-enter at lower price levels. Still, traders are advised to keep a close eye on whale activity and global developments in the coming days.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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