- Over 200,000 traders were liquidated, resulting in more than $567 million in combined long and short position losses.
- Bitcoin ETFs saw a collective inflow of 1,941 BTC even as the asset price dropped by over $7,000 within hours.
- ARK 21Shares and Fidelity led institutional BTC purchases, signaling ongoing long-term accumulation despite short-term market swings.
The cryptocurrency market saw major turbulence in the last 24 hours as liquidations surged across exchanges. Data from CoinGlass confirms nearly 200,000 traders were affected, leading to total losses exceeding $567.99 million. Long positions absorbed the brunt of the hit with $370.27 million in losses, while short sellers lost approximately $197.84 million.
Bitcoin prices experienced sudden changes throughout market disorder. The market price stayed stable around $88,500 until it underwent a swift decline that pushed the value below $81,000. A rapid price drop appeared soon after U.S. governmental announcements about new tariffs which led to a market-wide panic.
Bitcoin ETFs See Strong Inflows Despite Market Decline
During this time period institutional players demonstrated economic activity that differed from both retail panic and trader losses. The Bitcoin exchange-traded funds (ETFs) accepted substantial 1,941 BTC inflows which equated to around $159.76 million worth of cryptocurrency. This separation shows that professional traders are taking different investment approaches from casual retail investors.
ARK 21Shares Bitcoin ETF accumulated the most ETF assets during this period as it purchased 1,500 BTC for its possession. The BTC reserve balance of the fund has expanded to 47,974 BTC with an approximate current value of $3.95 billion. The Wise Origin Bitcoin Fund from Fidelity gained 1,375 Bitcoins from investors while Bitwise received an addition of 386 Bitcoins through inflows. The Bitcoin holdings of iShares Bitcoin Trust decreased by 1,341 BTC under BlackRock’s management.
The data on ETF inflows and outflows originates primarily from actions that were conducted in previous trading sessions. The current recorded data from ETFs does not show the complete and true market fluctuations that occurred within the past 24 hours. Institutional investors demonstrated their ability to withstand market drops through delayed repositioning or they made changes before the crash.
