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Analyst identifies critical liquidation levels for Bitcoin
Data from Alphractal shows significant long position risk below key price points, while short positions are concentrated at higher levels.
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Bitcoin long liquidation risk clusters just below $72,500, Alphractal data shows
Alphractal's Joao Wedson puts about $36 billion of long positions at liquidation risk, with three clusters just under $72,500.
XRP wallets above 10,000 tokens climb to 343,500 as spot ETFs lose $18M
Santiment puts the increase at 16,815 since 9 February; SoSoValue logged $10.42M and $7.62M in net outflows on 9 and 10 November.
Bitcoin falls below $70,000 as sentiment hits four-month low
Cointelegraph reports thin liquidity, ETF outflows and elevated leverage behind the move, with analysts warning of institutional selling.