
{"id":69332,"date":"2025-05-27T06:00:02","date_gmt":"2025-05-27T06:00:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=69332"},"modified":"2025-05-27T06:00:02","modified_gmt":"2025-05-27T06:00:02","slug":"bitcoin-holds-above-109k-as-long-term-holders-accumulate-amid-liquidations","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=69332","title":{"rendered":"Bitcoin Holds Above $109K as Long-Term Holders Accumulate Amid Liquidations"},"content":{"rendered":"<p>Bitcoin maintains upward momentum despite a recent market retracement that briefly pulled the asset off its <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-all-time-high-metric-no-overheating-yet\/\" target=\"_blank\" rel=\"noopener\">all-time highs<\/a>. After climbing past the $111,000 level last week to set a new record, the cryptocurrency experienced a modest correction.<\/p>\n<p>BTC trades at $109,874 at the time of writing, reflecting a 2.3% daily increase. The move comes amid broader bullish <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/200000-bitcoin-is-real-year-end-top-researcher\/\" target=\"_blank\" rel=\"noopener\">sentiment in the crypto market<\/a>, with traders weighing recent volatility against long-term structural trends.<\/p>\n<p>Meanwhile, analysts tracking on-chain activity suggest that the recent price pullback may have cleared the path for more sustainable market behavior.<\/p>\n<h2>High Leverage Triggers Liquidations Below Key Support Levels<\/h2>\n<p>Amr Taha, a contributor to CryptoQuant\u2019s QuickTake platform, <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/683458ab37fbec7228245f9e-Late-Longs-Wiped-Out-%E2%80%94-Long-Term-Holders-Seize-the-Opportunity-to-Accumulate-Bit\" target=\"_blank\" rel=\"noopener\">highlighted<\/a> how Bitcoin\u2019s price action flushed out over-leveraged traders while presenting an opportunity for long-term investors to reinforce their positions.<\/p>\n<p>His post titled \u201cLate Longs Wiped Out \u2014 Long-Term Holders Seize the Opportunity to Accumulate Bitcoin\u201d points to distinct market behavior unfolding in real time.<\/p>\n<p>Taha noted that Bitcoin\u2019s <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/binances-spot-to-futures-ratio-hits-1-5-year-peak-as-bitcoin-reclaims-109k\/\" target=\"_blank\" rel=\"noopener\">recent drop<\/a> below the psychological $111,000 threshold led to two significant long liquidation clusters on Binance. The first wave occurred around the $110,900 mark, wiping out over $97 million in long positions.<\/p>\n<p>Shortly after, a second wave hit as the price breached $109,000, resulting in a further $88 million in liquidated positions. These back-to-back events reflected cascading margin calls from traders using high leverage, a pattern often seen during sharp short-term corrections.<\/p>\n<p>Notably, liquidation clusters tend to emerge when rapid price movements force the automatic closure of margin positions, <a href=\"https:\/\/www.newsbtc.com\/bitcoin-news\/bitcoin-all-time-high-propels-it-past-amazon-google-to-5th-place-among-global-assets\/\" target=\"_blank\" rel=\"noopener\">intensifying sell pressure<\/a> in the process. This volatility tends to shake out speculative positions and can signal a temporary pause or consolidation phase in the broader trend.<\/p>\n<p>According to Taha, while the market absorbed these liquidations, it simultaneously witnessed a contrasting pattern among long-term holders (LTHs), who remained active throughout the volatility.<\/p>\n<h2>Long-Term Holders Accumulate as Liquidations Unfold<\/h2>\n<p>While short-term participants absorbed the brunt of the sell-off, LTHs appeared to interpret the price dip as a buying opportunity. Taha highlighted on-chain metrics showing that the LTH realized cap, a measure of the total value paid for held coins by long-term investors, has surged past $28 billion.<\/p>\n<p>This level had not been observed since April, reinforcing the narrative that seasoned market participants are increasing their exposure during moments of market dislocation.<\/p>\n<p>The behavior of long-term holders is often seen as a barometer for market health. Their steady accumulation during liquidation events suggests confidence in Bitcoin\u2019s long-term value trajectory.<\/p>\n<p>Historically, accumulation by LTHs during volatile periods has coincided with later upward price expansions, as coins are removed from circulation and <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/bitcoin-rally-over-after-111900\/\" target=\"_blank\" rel=\"noopener\">selling pressure<\/a> is reduced.<\/p>\n<p>With leveraged positions reset and structural accumulation underway, the groundwork may be forming for Bitcoin to attempt another breakout beyond its previous highs.<\/p>\n<p>Featured image created with DALLE, Chart from TradingView<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin maintains upward momentum despite a recent market retracement that briefly pulled the asset off its all-time highs. After climbing past the $111,000 level last week to set a new record, the cryptocurrency experienced a modest correction. BTC trades at $109,874 at the time of writing, reflecting a 2.3% daily increase. The move comes amid [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-69332","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/69332"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=69332"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/69332\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}