$BTC is dumping despite massive buying.\n\n• Strategy: $2.13B BTC\n• Spot ETFs: $1.55B\n• 30k BTC left exchanges\n\nSo who’s selling?\n\n👉 Leveraged traders. Not holders. Not institutions.\n\nIn the last 24h, $1.07B in leverage was liquidated.\n\nPrice dips → leverage breaks → forced selling → more liquidations.\n\nThis is why short-term price ignores ETF inflows.\n\nBitcoin didn’t fail.\nLeverage did.\n\nRecovery comes when liquidity returns. Until then: volatility and shakeouts.

BTC-2,32%
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