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Key facts: BTCUSD $504M liquidations; Strive 1,800 BTC buy; Net $101M inflows

By Exbasi Intelligence
Sourced from TradingView
Key facts: BTCUSD $504M liquidations; Strive 1,800 BTC buy; Net $101M inflows
BTCUSD saw a leveraged rally triggering over $416M in short liquidations and ~$88M in longs in 24h; ~119,000 traders liquidated. A Sept 3 one-hour spike wiped about $47.5M of Bitcoin shorts.Strive bought 1,800 BTC for ~$143M (avg $79,431) Aug 24–28, raising BTCUSD spot CFD holdings to 23,156 BTC; purchases funded via stock sales, no debt, no BTC pledged.BTCUSD spot CFD saw net ETF-driven inflows of $101M on Sept 2; BlackRock’s IBIT accounted for $115M, signaling institutional demand while BTCUSD lagged some crypto peers.BTCUSD reclaimed $81,000; $83,000 is the next upside target. A break below $60,000 would signal renewed downside risk. A potential near-term Golden Cross was noted.BTCUSD saw rising dominance, steady funding rates and renewed speculation. Spot volumes stayed weak, ETF momentum cooled from August highs, and miners resumed net selling after early‑2023 buys.BTCUSD led session moves as momentum shifted to altcoins after BTC breakout; traders saw BTC price surge and increased volume while altcoins like ZEC, XRP, ADA recorded larger percent gains.Bitcoin (BTCUSD) weakness tied to reduced global net liquidity (~$25T vs ~$30T peak in 2021–22); analyst says only central-bank balance-sheet expansion would change BTCUSD liquidity backdrop.This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.

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Key facts: BTCUSD $504M liquidations; Strive 1,800 BTC buy; Net $101M inflows | Exbasi News