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Skew Δ|Jun 20, 2025 22:02

BTC Update: Another flush & attempted sell-off 1-2K BTC was used to short price into 103K, most of which was quickly rolled over after bids were filled around 103K - 102.5K Some large buyer attempting to get filled here & chasing price on both perp & spot Some brief absorption around the low with bid depth deepening into 100K, would keep an eye on this

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Timeline

Jul 20, 11:08【Coinbase and Binance spot contracts for difference show strong performance】

Jul 20, 10:13【The supply of BTC long-term holders remains at a near historical high】

Jul 20, 10:00【US Ethereum spot ETF net inflow of $2.1824 billion】

Jul 20, 04:38【Dai Ying is preparing to sell 61000 bitcoins】

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Jul 19, 22:24【The total on chain holdings of the US spot Bitcoin ETF have exceeded 1.28 million BTC】

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Jul 19, 15:30【Bitcoin spot exchange earns $2.72 billion in revenue】

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