
Bitcoin’s drop to $26.6K sees over $160M in realized losses
Bitcoin's drop to $26,298 triggered a massive liquidation event and led to over $160 million in realized losses on-chain.
Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.

Comparing the crypto-margined and cash-margined futures open interest reveals a discrepancy that has never been higher, indicating a growing preference for stability and risk mitigation in the market.

Disconcerting trend or progress? Lightning Network sees growing channels alongside falling capacity.

The current flat pattern observed in the hash ribbons reflects a market in a state of uncertainty, potentially awaiting a catalyst to move.

A sharp decline in Bitcoin futures is being countered by a booming options market, showing investors are taking a more strategic and risk-averse approach to trading Bitcoin.

Short-term holders have contributed to Bitcoin's stability, as their on-chain cost basis created support at $28,000 while the selling pressure from their exchange deposits kept it from breaking above $30,000.

Bitcoin's evolving correlation with M1 money supply key to understanding its growing role in the financial system.



