According to CoinGlass data, In the past 24 hours, 79,584 traders were liquidated, the total liquidations comes in at $267.31 million.

JUST IN: Trader accidentally swaps $50 million #USDT for $36,000 #AAVE on Ethereum.

📊🤔 Is #BTC Bottom In? Not Quite.

“We are at a 'Value Bottom' for long-term DCA, but a 'Structural Bottom' has yet to form. Expect volatility between $60k–$70k.”

😱 A hallmark of bear markets: STH Supply in Profit falling below 50%, meaning the majority of recent buyers are underwater.

Demand-side risk appetite tends to remain suppressed until this flips back above 50%.

Watch this level as a precondition for any sustained recovery.

⚖️ An accumulation cluster is forming in the $62k–$72k range. However, its intensity is modest relative to prior phases that preceded sustained expansions.

Conviction is building, but the foundation for a mid-term breakout remains thin so far.

🇺🇸🕵️ The Bitcoin Policy Institute warns that Congress has only a few months to pass a de minimis tax exemption for small Bitcoin transactions.

The group has met with 19 congressional offices to push for the change.

JUST IN: Michael Saylor hints at buying more Bitcoin.

"Stretch the Orange Dots."

📊 New Metric Launch: Options Max Pain (Time Series)

Max Pain is the strike price at which the total value of expiring options (calls + puts) is minimized, theoretically maximizing losses for option holders.

Glassnode now tracks this across maturity buckets (1W, 1M, 3M, 6M, aggregated) at 10-min, hourly, and daily resolution.

📊💼 #BTC Corporate treasuries are buying bitcoin at 2.8x the rate new coins are being mined.

194 publicly traded companies now hold bitcoin on their balance sheets. Collectively, over 1.15 million BTC, roughly 5.5% of the total 21 million supply. Worth over $82 billion.

📈 Crypto token count surpasses 37.8 million since 2023 as new projects flood the market.

7% of BTC is held in global ETFs and ETPs, with another 4% held by Strategy and the other DATs

#XRP Santiment:

XRP Ledger now has more than 7.7M holders (non-empty wallets) for the first time in its 13+ year history, as its usage continues to grow.

📉🤔 #BTC Bitcoin price–open interest divergence, signaling potential downside. If this lack of bullish positioning in the futures market continues, the current move could turn into a bull trap.

🇧🇹🕵️ Royal Government of Bhutan transferred out another 377 $BTC ($27.87M) in the past 3 hours.

🇨🇳 BIG: China has now bought gold for 16 consecutive months, bringing total reserves to a record 2,309 tonnes, worth ~$371 billion at current prices.

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -1,982 $BTC (-$137.76M)
7D NetFlow: +6,262 $BTC (+$435.23M)

Ethereum ETFs:
1D NetFlow: -8,994 $ETH (-$19.09M)
7D NetFlow: +68,299 $ETH (+$114.93M)

Solana ETFs:
1D NetFlow: +1,495 $SOL (+$132K)
7D NetFlow: +333,006 $SOL (+$29.3M)