BTC Slides 2.13% as $49.5M Long Liquidations and Whale Moves Stir Market Volatility

Bitcoin (BTCUSDT) has declined by 2.13% over the last 24 hours, with the current Binance price at 89,292.49 USDT. This price drop is attributed to a combination of significant long position liquidations totaling over $49.5 million, renewed market volatility from large whale movements, and dampened sentiment due to delayed U.S. regulatory actions and ongoing geopolitical tensions. Despite the recent decrease, trading activity remains robust, with spot and futures volumes staying elevated and institutional inflows into Bitcoin ETFs indicating continued interest from larger market participants.