Overview
- CoinGlass data shows $580 million to $709 million in 24‑hour liquidations, with more than 160,000 traders forced out as long positions bore the brunt.
- Bitcoin slipped under $90,000 as total crypto market value fell roughly 3%–4%, while Ethereum hovered near $3,000, Solana traded around $126–$127, and XRP neared $1.90.
- U.S. spot Bitcoin ETFs recorded about $394.7 million in net outflows, while Ethereum spot ETFs saw roughly $4.64 million in net inflows.
- XRP dropped below $2 and faced roughly $5 million in long liquidations, including about $1.05 million on Binance, with analysts watching the $1.85 support and noting a possible falling‑wedge setup.
- Traders flagged $90,000–$91,000 as Bitcoin’s line in the sand, warning a sustained break could extend the pullback toward lower targets even as deleveraging may ease near‑term selling pressure.