🚨 $115M LIQUIDATED IN 1 HOUR — BTC HEADING TO $70K?
BTC just got hit after news of a US attack near the Strait of Hormuz entered the market.
Prices fell quickly from around $79.1K → $76.7K, while about $115 million in crypto positions were liquidated within one hour.
What’s interesting is that ETH longs were hit even harder—about $100 million—compared to BTC at around $62.6 million.
And macro pressure is also starting to build:
🛢️ Oil > $90 due to Hormuz concerns
📈 US 10Y yield at 4.81%, the highest since October 2023
💸 US Spot BTC ETF outflows of $236 million on September 1
😰 Fear & Greed drops to 71 from 81 last week
But amid this pressure, there’s one big buyer that has actually come back in.
A strategy bought 4,603 BTC worth about $369.7 million—their first purchase since June. Total holdings now stand at 845,050 BTC. 🐳
Now the market has two scenarios:
🟢 $75K–$76.3K holds → BTC has a chance to reclaim $78K–$80K
🔴 $75K breaks → attention shifts to $73.5K–$74.4K, then $70K–$72K
The question isn’t just whether BTC is bullish or bearish. It’s about which is stronger: macro pressure or institutional accumulation?
Do you think $75K will hold, or does BTC need to drop first to test $70K? 👇
BTC just got hit after news of a US attack near the Strait of Hormuz entered the market.
Prices fell quickly from around $79.1K → $76.7K, while about $115 million in crypto positions were liquidated within one hour.
What’s interesting is that ETH longs were hit even harder—about $100 million—compared to BTC at around $62.6 million.
And macro pressure is also starting to build:
🛢️ Oil > $90 due to Hormuz concerns
📈 US 10Y yield at 4.81%, the highest since October 2023
💸 US Spot BTC ETF outflows of $236 million on September 1
😰 Fear & Greed drops to 71 from 81 last week
But amid this pressure, there’s one big buyer that has actually come back in.
A strategy bought 4,603 BTC worth about $369.7 million—their first purchase since June. Total holdings now stand at 845,050 BTC. 🐳
Now the market has two scenarios:
🟢 $75K–$76.3K holds → BTC has a chance to reclaim $78K–$80K
🔴 $75K breaks → attention shifts to $73.5K–$74.4K, then $70K–$72K
The question isn’t just whether BTC is bullish or bearish. It’s about which is stronger: macro pressure or institutional accumulation?
Do you think $75K will hold, or does BTC need to drop first to test $70K? 👇
