Overview
- Bitcoin is now roughly 28% below its October 6 record high above $126,000, marking its lowest levels since April.
- CoinGlass data show more than $1.01 billion was liquidated across crypto in 24 hours, including about $718 million from long positions.
- Spot Bitcoin ETFs have swung to net outflows in November, with reports tallying more than $2.5 billion leaving the products.
- Market sentiment slid to “extreme fear,” with the Crypto Fear & Greed Index near 11 as rate‑cut uncertainty weighs on risk appetite.
- On‑chain data point to whales accumulating—>1,000 BTC wallets rose to 1,384—while smaller holder counts fell, and MicroStrategy disclosed a 8,178‑BTC purchase at an average price near $102,171.