Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades

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Panic Sell? Bitcoin’s $86K Fall Wipes Out $1 Billion In Trades - NewsBTC

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With Bitcoin briefly dropping below $90k, roughly 12% of all Bitcoin addresses are holding at a loss.🔴This is the highest unrealized loss percentage since October 2024 pic.twitter.com/pngLz4G4wc — IntoTheBlock (@intotheblock) February 25, 2025 Crypto-Related Stocks Fall Aside from individual holders, crypto-related stocks suffered from Bitcoin’s recent drop.

Bitcoin whales have sold over $1.2 billion worth of digital assets. Related Reading: Bitcoin’s Grip Tightens — CZ Says There’s No Escape’ From Crypto According to analysts, Bitcoin’s decline is caused by macroeconomic conditions.

According to Coinglass tracking, around 230,000 positions have been liquidated for the day. Related Reading: Coinbase CEO’s Hot Take: Bitcoin Is Basically A Meme Coin’ As a sign of bearish sentiment, the digital asset’s open interest has dipped to 5%, reflecting deleveraging among investors and holders.