BTC Drops 7.88% Amid $320M Liquidations as Institutional Outflows Drive Volatility and Accumulation

Bitcoin (BTCUSDT) has experienced significant volatility in the past 24 hours, with its price dropping by 7.88% to $77,436.65 on Binance. This price movement is primarily attributed to institutional outflows from US spot Bitcoin ETFs, which have seen withdrawals for five consecutive sessions, alongside shifts in Federal Reserve leadership and broader geopolitical uncertainties. Substantial liquidations, totaling $320 million, occurred as the price fell below $82,000, intensifying the correction and contributing to bearish sentiment. Despite retail trader exits amid the selloff, large investors are reportedly accumulating Bitcoin at lower prices, suggesting a divergence in market participation. Trading volume remains high, reflecting active engagement, with Bitcoin’s market capitalization staying above $1.5 trillion and dominance in the overall cryptocurrency market persisting.