Bitcoin fell 2%, breaking below key technical levels as Strategy sold 1,690 BTC and traders braced for critical inflation data this week.
Notable Statistics:
- Coinglass data shows 75,626 traders were liquidated in the past 24 hours for $212.97 million.
- SoSoValue data shows net inflows of $98.9 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $49.6 million.
- In the past 24 hours, top losers include Audiera, Algorand and Bitcoin SV.
Notable Developments:
Trader Notes:
Trader KillaXBT noted Bitcoin local tops and bottoms often form after multiple liquidity sweeps, where price triggers stops and traps traders before reclaiming the range.
