Bitcoin
Why Bitcoin is down 1.1% in the last hour
Analysis
Bitcoin fell 1.1% over the past hour as downside momentum was amplified by heavy derivatives liquidations nearing $1B, which can accelerate selloffs as positions are forcibly closed. CoinDesk also reported retail traders “running for the exit,” adding near-term selling pressure even as mega-whales reportedly bought the dip.
Contributing Factors (3)
Retail traders are running for the exit amid bitcoin's selloff, while 'mega-whales' are quietly buying the dip
Glassnode data shows large bitcoin holders accumulating, while retail remains in distribution.
Bitcoin (BTC) Price Tanks Toward $80K as Liquidations Approach $1B
BTC slipped beneath $81,000 minutes ago.
Bitcoin Price Drops Below $80,000 as New Buyers Rush to Accumulate
Bitcoin price has dropped below $80,000 for the first time since April 2025. Yet, its performance has still outpaced gold. While BTC dropped alongside broader risk assets, the losses were notably smal...
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.