Odaily Planet Daily reports that, according to Onchain Lens monitoring, a whale’s Bitcoin long position held for 112 days is about to be fully liquidated, with an estimated loss of $6.84 million. Its overall position loss will reach $7.6 million.
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ETF funds are beginning to flow back, what is BTC missing to truly recover?
Awaiting Liquidity
By Chris Beamish, CryptoVizArt, Antoine Colpaert, Glassnode
Compiled by AididiaoJP, Foresight News
Bitcoin has stabilized around $70,000 with some improvement in capital flow and easing selling pressure. However, spot trading volume remains low, and supply pressure above the market indicates that stronger demand is still needed to sustain a lasting recovery.
Summary
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- Bitcoin gradually stabilized after a sharp sell-off that pushed it to around $67,000, rebounding to near $70,000, but the upward momentum remains hesitant.
- Not
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