Bitcoin is about to liquidate long situations Flash news details

On March 19, 2025, at 09:30, Bitcoin witnessed a big event on the market as Crypto Rover explained on X (previously Twitter) with the statement, “Bitcoin only needs a little payment to liquidate all talls. Today is today! (Crypto Rover, X Post, March 19, 2025). $ 64,210 on the main stock exchanges like Binance and Coinbase (Coinmarketcap, March 19, 2025, 09:30 UTC. It reflects a decrease of 0.1 % (Tradingvief, March 19, 2025, 09:45 UTC. 23.5 billion dollars, indicating an increase in speculative activity (Coinglass, March 19, 2025, 09:45 UTC).

Trading effects of this event were great. The expectation of a “batch” to liquidate the phase led to a cautious approach between the merchants. On Binance, the BTC/USDT trading pair has seen an increase in sales orders, with a book book showing a 5 % increase in liquidity on the sale aspect of $ 64,000 (Binance, 19 March 2025, 10:00 UTC). On Coinbase, BTC/USD pair showed similar trends, with a noticeable rise in trading volume to 35000 BTC per hour for tweet (Coinbase, March 19, 2025, 10:30 UTC). Fear of the liquidation pushed many traders to the closure of their long sites, which led to a total of $ 150 million in the long qualifiers via the main stock exchanges within an hour (bybit, March 19, 2025, 10:30 UTC). This event also affected other encrypted currencies, as ETHEREUM decreased by 0.5 % to $ 3,200 and Litecoin by 0.3 % to $ 100 (Coinmarketcap, 19 March 2025, 10:30 UTC). The feelings of the market turned towards landing, as shown from a decrease in the Crypto Fear & Greed index from 62 to 58 (Alternative.me, March 19, 2025, 10:30 UTC).

Technical indicators and sized data have highlighted the market reaction. The BTC/USD chart on TradingView showed a phone deviation in the RSI Index (RSI), as it decreased from 70 to 65 within an hour after tweet (TradingView, March 19, 2025, 10:30 UTC). Macd average divergence (MACD) also referred to a downward signal, with the MACD line crossing the signal line at the same time (TradingView, March 19, 2025, 10:30 UTC). The Binance trading volume of BTC/USDT pair reached 1.5 million BTC by 11:00 UTC, an increase of 25 % of the folder at 09:30 UTC (Binance, March 19, 2025, 11:00 UTC). The scales on the series of Glassnode showed an increase in the number of bitcoin transactions in excess of $ 100,000, increasing from 5,000 to 6500 within an hour, indicating a large whale activity (Glassnode, March 19, 2025, 10:30 UTC). In addition, the Bitcoin network segmentation has remained stable at 300 EH/S, indicating any major changes to mining activity (Blockchain.com, March 19, 2025, 10:30 UTC).