Bitcoin dropped 8.2% to $92,000 after hitting $99,609 on Nov. 22, leading to $250M in bullish liquidations. Despite this pullback, key metrics remain stable, suggesting no trend reversal but rather a correction from over-leveraged positions.
Bitcoin miners, holding 1.8M BTC, have been offloading 2,500 BTC daily ($231M). However, U.S. Bitcoin ETFs saw $670M in daily inflows between Nov. 18-22, showing strong market demand and keeping hopes for a $100K rally alive.
Source: Cointelegraph
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