Toxic Supply Could Keep Bitcoin Recovery Limited

Visit us for crypto trading strategy, world class Binance Futures Bot, Futures Leverage Bot, Binance Futures and assistance on crypto trading – https://telegram.me/freebitmexsignals

Bitcoin's brutal sell-off may continue as panic spreads from long-term holders to short-term traders across markets.

Bitcoin (BTC) plunged below $77,000 on Monday following a fresh round of threats directed at Iran by US President Donald Trump. Panic selling is accelerating across the market as major profitability metrics drop below critical levels.

New data now suggests that a rapid V-shaped recovery remains unlikely.

Deepening Bitcoin Panic Selling
Bitcoin’s latest decline is developing into a broader market crisis rather than a routine short-term correction, as on-chain data points to a cascading sell-off driven by leverage liquidations and growing fear across the spot market. According to CryptoQuant data, long-term holders who accumulated Bitcoin between six and 12 months ago are now under heavy pressure, as their average realized entry price sits near $110,851.

Following the recent market drop, many of these investors moved into deep unrealized losses, triggering a wave of exchange inflows since May 14.

The crypto analytics platform’s stats reveal that the Spent Output Age Bands (SOAB) ratio for 6-12 month coins surged to 10.54%, which is far above its normal level below 1%, and indicated large-scale capitulation from long-term holders. Such spikes have historically reflected investors realizing large losses and exiting positions, which ends up increasing spot-market selling pressure.


We have some expertise in trading, our team is well aware of the market fluctuations in the Bitcoin industry with 5 years of experience.

Binance.com is making cryptocurrency trading accessible to everyone, anywhere in the world. Spot-markets for Bitcoin, Bitcoin Cash, Ripple, Litecoin and many more digital assets.

Please click on the above link for more details.

Comments

Post a Comment

Popular posts from this blog

UAE: The New Hub for Crypto Millionaires

Image
Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal The UAE is attracting a global wave of crypto millionaires with zero-tax profits, regulatory clarity and elite residency perks. With no personal income or capital gains tax and recent VAT exemptions on crypto transactions, the UAE provides an unmatched financial incentive for crypto investors. Dubai’s VARA and Abu Dhabi’s FSRA lead with retail and institutional frameworks, while RAK, Sharjah and others are developing tailored zones and policies for Web3 innovation. Free zones like DMCC, ADGM and DIFC offer business-ready ecosystems, while high-speed internet, 5G and cloud services make the UAE a plug-and-play hub for crypto firms. The Golden Visa, safety, global connectivity and smart city living combine to offer crypto millionaires not just financial freedom but a secure, luxurious home base. 30% Profit made on #BTC/USDT Thinking of using Cornix trading bot? If yes, t...
Read more

What Happened in Crypto Today?

Image
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades –  https://telegram.me/progrouptraders Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, German authorities seized $38 million of digital assets from an exchange linked to the Bybit hack in February, US Securities and Exchange Commission Commissioner Caroline Crenshaw blasted a settlement agreement between the SEC and Ripple, which she says could erode SEC lawyers’ credibility in the court, and Democrats in the US block the GENIUS stablecoin bill from advancing. Germany seizes $38 million in crypto from Bybit hack-linked eXch exchange German law enforcement seized 34 million euros ($38 million) in cryptocurrency from eXch, a cryptocurrency platform allegedly used to launder funds stolen ...
Read more

Market Turns Red After Trump-Musk Fallout

Image
Explore the provided link to achieve a steady profit in Binance futures trading:  https://telegram.me/btctradingclub Cryptocurrency markets saw a huge slump over the past day as Bitcoin tumbled to its lowest level for almost a month. Total crypto market capitalization declined by around $170 billion in a fall to $3.26 trillion on June 5, its lowest level since May 8, almost a month ago. Markets are now poised for a further fall below longer-term levels if current support levels break down. However, the decline slowed during early trading in Asia on Friday morning, with a minor recovery to $3.3 trillion. Donald vs Elon The sharp decline appears to have been driven by a spat between US President Donald Trump and tech billionaire Elon Musk, who said the former’s tariffs “will cause a recession in the second half of this year,” and “Congress is spending America into bankruptcy!” on June 5. As the war of words on each of their respective social media networks escalated, and the bromance...
Read more