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Bitcoin’s September Shakeout: $1.7B in Liquidations Sets Stage for Q4
Manage episode 508225046 series 2637334
Bitcoin’s September rally finally stumbled, with a 3.5% drop triggering $1.7B in long liquidations—the biggest of the year. While traders were caught offside, on-chain data shows holders aren’t selling, ETF flows remain mixed, and big treasury buys continue. NLW breaks down why this reset matters, how leverage is shaping the market, and what it means as we head into Q4.
Enjoying this content?
- SUBSCRIBE to the Podcast: https://pod.link/1438693620
- Watch on YouTube: https://www.youtube.com/@TheBreakdownBW
- Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown
- Join the discussion: https://discord.gg/VrKRrfKCz8
- Follow on Twitter:
- NLW: https://twitter.com/nlw
- Breakdown: https://twitter.com/BreakdownBW
1971 episodes
Manage episode 508225046 series 2637334
Bitcoin’s September rally finally stumbled, with a 3.5% drop triggering $1.7B in long liquidations—the biggest of the year. While traders were caught offside, on-chain data shows holders aren’t selling, ETF flows remain mixed, and big treasury buys continue. NLW breaks down why this reset matters, how leverage is shaping the market, and what it means as we head into Q4.
Enjoying this content?
- SUBSCRIBE to the Podcast: https://pod.link/1438693620
- Watch on YouTube: https://www.youtube.com/@TheBreakdownBW
- Subscribe to the newsletter: https://blockworks.co/newsletter/thebreakdown
- Join the discussion: https://discord.gg/VrKRrfKCz8
- Follow on Twitter:
- NLW: https://twitter.com/nlw
- Breakdown: https://twitter.com/BreakdownBW
1971 episodes
All episodes
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