
S&P 500 goes negative YTD; almost entire regional bank stocks halted due to volatility
Gradually then suddenly, Bitcoin is up 35% YTD while S&P has gone negative YTD.
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Gradually then suddenly, Bitcoin is up 35% YTD while S&P has gone negative YTD.

The US President went live on national television to address the fallout and contagion of US banks.

Liquidations galore as they extend to over $240M, as shorts head to $200M losses in 24 hours.

Risk-on assets rally briefly, Bitcoin surpasses $22k, plus a new liquidity program BFTP following Powell's decision.

Almost $100m of shorts liquidated in the past 24 hours

Over 15k Bitcoin left exchanges yesterday, while perps are the most negative since FTX collapse

Bitcoin number of transactions in the mempool hits highest for over 3 years.

Roughly 10k Bitcoin were sent to exchanges at a loss from long-term holders

Accumulation trend score suggests whales have started to accumulate Bitcoin, first time since November

Roughly 80% of liquidations were long, while Bitcoin liquidations accounted for $120 million in the past 24 hours

SVB Financial Group (SIVB) is down 65% and has been halted on the main exchange several times.

In the past two days, Bitcoin withdrawals have totalled up to $350 million, driven by whales

According to Mempool.space, memory usage exceeds 545MB, while purging up to 3.00 sat/vB.