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.
Bitcoin’s bounce above $64K triggered massive short liquidations and revived ETF inflows, but lingering outflows and weak technicals leave the recovery on uncertain footing.
Luxembourg's regulator grants final CASP authorization, enabling Ripple to provide regulated services across 30 European Economic Area countries following months of regulatory navigation.
MiCA's full enforcement on July 1 reshuffled stablecoin routing. Robinhood's Arbitrum bet is the clearest signal yet that enterprise procurement—not retail volume—is now what determines which L2s capture institutional flows.
