Key Takeaway
- BTC dropped to $96,351, now $97,100, its lowest since May 2025. Total liquidations hit $1.02 billion, with $887 million from longs alone.
- Massive ETF redemptions with BTC ETFs seeing a –$870 million exit, the second-largest in history, while ETH ETFs saw a –$260 million exit. Solana ETFs had a marginal inflow of $1.5 million.
- Long-term holders (LTHs) sold ~815,000 BTC over the last 30 days, the highest since January 2024.
- Stablecoin inflows into exchanges are rising sharply, signaling new capital could be getting ready to deploy.
