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Bitcoin Breaks Below $100K But Stablecoin Inflows Hint at Quiet Re-Risking

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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.

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