📊💼 Bitcoin market sees significant fluctuations due to institutional activity. Reached $59,800 on August 4, reflecting strong institutional interest. However, $365 million in liquidations indicates high market pressure.
📉💔 Glassnode reports: Short-term holders experience "significant capitulation" with 93% unrealized losses. CryptoQuant indicator shows Bitcoin entering bear market phase.
💰🔁 But
#Binance sees $2.4 billion net inflow of stablecoins, indicating increased retail confidence. Bitcoin OTC balance surges to 328,000 BTC, highest since June 2022.
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