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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/25/2026

$530M Bitcoin Buy Wall Emerges as Bulls Eye $60.5K–$65K Zone

What happened: A substantial $525 million in BTC buy orders clustered between $60,500 and $61,500, with $270 million already filled below $61,000.

$530M Bitcoin Buy Wall Emerges as Bulls Eye $60.5K–$65K Zone

What happened: A substantial $525 million in BTC buy orders clustered between $60,500 and $61,500, with $270 million already filled below $61,000. Tuesday's daily close landed at $62,700, but BTC printed a year-to-date low of $59,018. In the past hour, $125 million in long positions were liquidated, while $1.2 billion in shorts are at risk near $63,500. Analysts note a technical target of $76,000, but caution prevails amid ongoing volatility.

Why it matters: The emergence of a large buy wall suggests deep-pocketed players may be positioning for a rebound, but the tone remains wary. With $2.4 billion in shorts vulnerable if BTC rallies, a short squeeze is possible—yet the prevailing sentiment is defensive. The episode highlights the tug-of-war between opportunistic buyers and risk-averse traders in a highly liquid, volatile environment.

Source: Cointelegraph