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Bitcoin Held Up Only by Futures Buyers

Bitcoin risks crashing due to disconnect between spot and futures

Bitcoin is holding its current positions solely due to the activity of buyers in the futures market. Sharp sell-offs are observed in the spot segment, creating an imbalance between supply and demand.

Risks of a price crash if demand weakens

If buying interest in futures declines, BTC's value could plummet sharply. This would trigger a massive wave of liquidations for traders' long positions.

Data provided by CoinGlass

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