Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

$ 10 million bitcoin? Investment Pro calls it ‘chance’ of your life

2025-05-18

Solana – Shorts are piling up above $ 170 – Can Sol Bulls force a pinch?

2025-05-18

Data tips on chains Bitcoin to peak at $ 120,000

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Chainware and Karatdao work together to redefine security and identity in chains

    2025-05-18

    Declan Hannon about how Aurora Labs makes blockchain accessible to everyone

    2025-05-18

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18

    Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

    2025-05-18

    Judge denies joint bid from Ripple and the SEC to end their long -term legal battle to end XRP

    2025-05-17

    A dozen new defendants who were sued in the alleged Rico -entry, connected to $ 263,000,000 crypto theft

    2025-05-17
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin is at risk of losing $7.2 billion if the BTC price reaches this level
Bitcoin

Bitcoin is at risk of losing $7.2 billion if the BTC price reaches this level

2024-04-25No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin price continues to fluctuate wildly after crashing from all-time highs above $73,000. This has created a wave of bearish sentiment in the market, causing a large number of crypto traders to short the pioneering cryptocurrency. As a result, these bears lose and risk a large amount if the Bitcoin price resumes its bullish rally.

Bears will lose $7.2 billion if Bitcoin hits all-time highs

In a message shared on X (formerly Twitter), crypto analyst Ash Crypto revealed an interesting trend regarding Bitcoin that is developing. The screenshot shared shows that a large number of short trades have been placed on BTC, with the expectation that the price could fall further.

So far, these bulls appear to be right as Bitcoin has failed to successfully clear $67,000. However, they stand to lose a lot of money if BTC is able to clear this resistance and move back up. According to Ash Crypto, there are more than $7.2 billion worth of BTC shorts that are at risk of liquidation if Bitcoin were to reach a new all-time high above $74,000.

At the time, Bitcoin price had rebounded above $66,000, causing a wave of bearish activity in the market. However, these bears appear to have succeeded as the BTC price has fallen below $64,000 at the time of writing.

As a result, the bears are encouraged, with the expectation that the Bitcoin price will still rise from here on out. So far, the risks of the liquidation trends have continued to rise as the BTC price falls. Coinglass data shows that if Bitcoin were to recover above $44,000 and reach a new all-time high, the bears would lose more than $10 billion.

See also  Bitcoin ready for huge jump to $127,000

Bitcoin

Source: Coinglass

BTC bulls don’t give up

Although Bitcoin bears appear to be making profits as the price of Bitcoin falls, the bulls are far from done. Instead, they have used this price drop as an opportunity to fill their coffers. This accumulation is even more prominent among Bitcoin whales, who have snapped up 1.4% of the total supply over the past month.

On-chain data tracker Santiment reported that Bitcoin whales added 266,000 BTC to their balance in the past four weeks. The cohort responsible for this are those who own between 1,000 and 10,000 BTC, making them the mega whales. In total, they spent $17.8 billion buying BTC in just one month.

As a result of this accumulation, these 1,000-10,000 BTC whales now own 25.16% of all existing BTC. Their numbers are also rising, with Santiment identifying this as the “highest bullish bias from the public since all-time high week in early March.”

For now, Bitcoin continues to struggle with the bears to hold the $63,000 support. The price is down 4.05% over the past day and is trading at $63,600 at the time of writing.

Bitcoin price chart from Tradingview.com

BTC bears pull price down | Source: BTCUSD on Tradingview.com

Featured image from Coinpedia, chart from Tradingview.com

Disclaimer: The article is for educational purposes only. It does not represent NewsBTC’s views on buying, selling or holding investments and of course investing involves risks. You are advised to conduct your own research before making any investment decisions. Use the information on this website entirely at your own risk.

See also  Bitcoin Battles Tariff Onrust: Can the 2-year-old realized price hold the line?

Source link

Billion Bitcoin BTC level Losing Price Reaches Risk
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

$ 10 million bitcoin? Investment Pro calls it ‘chance’ of your life

2025-05-18

Data tips on chains Bitcoin to peak at $ 120,000

2025-05-18

Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

2025-05-18

Dogecoin Prise Tests Panic zone at $ 0.21, the breakdown can lead to price crash

2025-05-18
Add A Comment

Comments are closed.

Top Posts

Crypto prices are cool as Fed Chairman Jerome Powell strikes an ambiguous tone on future monetary policy choices

2024-11-17

Doge must claw back $0.11 to avoid a sell-off

2024-10-04

imgnAI announces PumpNai – a platform for creating AI agents and tokens

2025-01-14
Editors Picks

DOGE: Bullish momentum moves after midweek lows

2023-06-04

Ethereum starts 2024 strong, rising to $2,400

2024-01-02

Current crypto market analysis off track

2023-06-03

Why has crypto fallen today? Market sentiment plays a role

2024-08-30

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

$ 10 million bitcoin? Investment Pro calls it ‘chance’ of your life

Solana – Shorts are piling up above $ 170 – Can Sol Bulls force a pinch?

Data tips on chains Bitcoin to peak at $ 120,000

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,827.121.46%
  • ethereumEthereum(ETH)$2,409.31-2.77%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.380.91%
  • binancecoinBNB(BNB)$642.520.10%
  • solanaSolana(SOL)$167.140.21%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2238113.57%
  • cardanoCardano(ADA)$0.74-0.26%
  • tronTRON(TRX)$0.263222-3.26%
  • suiSui(SUI)$3.800.76%
  • chainlinkChainlink(LINK)$15.370.01%
  • avalanche-2Avalanche(AVAX)$22.260.22%
  • stellarStellar(XLM)$0.285320-0.47%
  • hyperliquidHyperliquid(HYPE)$26.16-0.25%
  • shiba-inuShiba Inu(SHIB)$0.0000152.07%
  • hedera-hashgraphHedera(HBAR)$0.1933701.14%
  • unus-sed-leoUNUS SED LEO(LEO)$8.65-1.70%
  • bitcoin-cashBitcoin Cash(BCH)$398.010.61%
  • the-open-networkToncoin(TON)$3.080.14%
  • litecoinLitecoin(LTC)$98.792.23%
  • polkadotPolkadot(DOT)$4.620.16%
  • moneroMonero(XMR)$342.030.83%
  • bitget-tokenBitget Token(BGB)$5.245.41%
  • pepePepe(PEPE)$0.0000137.15%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.745.70%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.862.27%
  • bittensorBittensor(TAO)$413.87-1.71%
  • aaveAave(AAVE)$221.820.04%
  • nearNEAR Protocol(NEAR)$2.751.77%
  • aptosAptos(APT)$5.01-0.93%
  • okbOKB(OKB)$52.62-1.16%
  • ondo-financeOndo(ONDO)$0.930.46%
  • kaspaKaspa(KAS)$0.1096910.00%
  • internet-computerInternet Computer(ICP)$5.16-0.11%
  • ethereum-classicEthereum Classic(ETC)$18.07-0.35%
  • gatechain-tokenGateToken(GT)$21.58-0.27%
  • crypto-com-chainCronos(CRO)$0.097164-0.42%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.850.88%
  • mantleMantle(MNT)$0.730.78%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2349331.26%
  • vechainVeChain(VET)$0.0280150.91%
  • render-tokenRender(RENDER)$4.53-0.06%
  • ethenaEthena(ENA)$0.3709174.81%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2205432.16%
  • filecoinFilecoin(FIL)$2.820.93%
  • cosmosCosmos(ATOM)$4.791.53%
  • bitcoinBitcoin(BTC)$104,827.121.46%
  • ethereumEthereum(ETH)$2,409.31-2.77%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.380.91%
  • binancecoinBNB(BNB)$642.520.10%
  • solanaSolana(SOL)$167.140.21%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • dogecoinDogecoin(DOGE)$0.2238113.57%
  • cardanoCardano(ADA)$0.74-0.26%
  • tronTRON(TRX)$0.263222-3.26%
  • suiSui(SUI)$3.800.76%
  • chainlinkChainlink(LINK)$15.370.01%
  • avalanche-2Avalanche(AVAX)$22.260.22%
  • stellarStellar(XLM)$0.285320-0.47%
  • hyperliquidHyperliquid(HYPE)$26.16-0.25%
  • shiba-inuShiba Inu(SHIB)$0.0000152.07%
  • hedera-hashgraphHedera(HBAR)$0.1933701.14%
  • unus-sed-leoUNUS SED LEO(LEO)$8.65-1.70%
  • bitcoin-cashBitcoin Cash(BCH)$398.010.61%
  • the-open-networkToncoin(TON)$3.080.14%
  • litecoinLitecoin(LTC)$98.792.23%
  • polkadotPolkadot(DOT)$4.620.16%
  • moneroMonero(XMR)$342.030.83%
  • bitget-tokenBitget Token(BGB)$5.245.41%
  • pepePepe(PEPE)$0.0000137.15%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.745.70%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • uniswapUniswap(UNI)$5.862.27%
  • bittensorBittensor(TAO)$413.87-1.71%
  • aaveAave(AAVE)$221.820.04%
  • nearNEAR Protocol(NEAR)$2.751.77%
  • aptosAptos(APT)$5.01-0.93%
  • okbOKB(OKB)$52.62-1.16%
  • ondo-financeOndo(ONDO)$0.930.46%
  • kaspaKaspa(KAS)$0.1096910.00%
  • internet-computerInternet Computer(ICP)$5.16-0.11%
  • ethereum-classicEthereum Classic(ETC)$18.07-0.35%
  • gatechain-tokenGateToken(GT)$21.58-0.27%
  • crypto-com-chainCronos(CRO)$0.097164-0.42%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.850.88%
  • mantleMantle(MNT)$0.730.78%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2349331.26%
  • vechainVeChain(VET)$0.0280150.91%
  • render-tokenRender(RENDER)$4.53-0.06%
  • ethenaEthena(ENA)$0.3709174.81%
  • usd1World Liberty Financial USD(USD1)$1.000.01%
  • algorandAlgorand(ALGO)$0.2205432.16%
  • filecoinFilecoin(FIL)$2.820.93%
  • cosmosCosmos(ATOM)$4.791.53%