
Bitcoin traders ran out of excuses for the market’s flatline – and now a $2.5 billion bet is running out of time
Traders spent July blaming an options wall for Bitcoin's paralysis, and the wall has now come down twice with nothing to show for it.

Traders spent July blaming an options wall for Bitcoin's paralysis, and the wall has now come down twice with nothing to show for it.

Short positions bear the brunt as market rebound triggers chain reaction of liquidations.

Bitcoin holders maintain an optimistic outlook as NUPL remains in positive territory despite recent volatility.

Mid-term and veteran holders increase their Bitcoin stakes despite price slump.

High exchange inflows from day traders indicate short-term trading activity as the key driver behind Bitcoin's price volatility.

Lower open interest and high put volume show traders are becoming more cautious during Bitcoin's volatility.

As the won depreciates, economic and political uncertainty in South Korea widen the kimchi premium gap.

Despite the significant contraction in the DeFi market, stablecoins showed resilience amidst volatility.

Bitcoin's supply in profit dipped after the $106,800 peak, showing significant distribution among holders.

Traders have pivoted to options as Bitcoin encountered resistance at $99,000.

The sharp drop in OTC balances shows large investors are leveraging the dip to accumulate Bitcoin.

Long liquidations highlight the peril of overleveraged trading as Bitcoin's rapid decline shatters key support levels.

High open interest at $120,000 strike price shows the market is betting on a big finish for Bitcoin in 2024.
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