بیت‌کوین — Page 10

Hedge funds and brokerages drove about 96% of the reduction, while banks added 7,800 BTC during the drawdown.

Post-Dencun burn and ETH/BTC history make the path demand-led and structurally extreme under current conditions.

Traders are split on whether the confluence signals a bounce zone or a break toward sub-$60,000.

He pointed to near-flat spot bitcoin ETF holdings and a potential Strategy buyback after a 32 BTC sale.

The loss>profit crossover hit ~10.5M BTC underwater versus ~9.8M in profit, a bear-market condition with uncertain timing.

A rapid dip to $61,300 triggered massive liquidations, followed by a rebound that has traders divided on whether it signals recovery or a bull trap.

Long liquidations dominated the wipeout, while Binance’s BTC balance hit a three-month high of 659,000 BTC.

Jenny Johnson pointed to Benji’s Stellar cost figures and a MoonPay stablecoin workflow as the institutional path.

The note links OECD refinancing needs, Japan yield pressure, and wider swap spreads to a two-stage risk-off then liquidity response.

BTC printed an intraday low near $66,948 as traders refocused on the $66,250 50-month EMA and deeper downside zones.

Ben Nadareski argues onchain yield can scale with institutions if proof of reserves and time locks become standard.

Vice PM Mamuka Mdinaradze cited 133M kWh of 2025 consumption and tasked law enforcement to identify illicit operations.

On-chain losses deepened and “extreme fear” returned, even as $100K+ transfers spiked on the dip.

Options skew and implied vol firmed as traders watched a $68,600 liquidation pocket and AI tokens diverged from majors.

Traders are converging on a $68K–$69K support test, with $72,500 framed as the key reclaim level.

A June 1 13:00 UTC volume spike to 96.26 million drove the breakdown, with $1.20 the next downside level if support fails.

The integration lets Paxos fintech and institutional clients evaluate DOGE, but it does not guarantee listings by Paxos-powered partners.

Analysts flag a potential 10%–20% move after 114 days of compression, but flows and whale behavior conflict.

A June 1 8-K revealed 32 BTC sold in late May, leaving a $14.65M contract hinging on timing rules.

The 8-K marks the first reported Bitcoin disposal since 2022 and coincided with BTC slipping below $72,000.