<ul><li>Bitcoin markets saw two major liquidation events recently, causing forced selling from over-leveraged traders.</li><li>Long-term holders took advantage of the drop, with over $97 million and $88 million in long positions liquidated below $111,000 and $109,000 respectively.</li><li>Long-term holder realized capitalization surged past $28 billion, indicating increased accumulation by long-term investors during the market stress.</li><li>Analysts identified a double bottom chart formation, suggesting weakening bearish pressure and potential for Bitcoin to reach levels above $112,000.</li></ul>

Bitcoin long-term holders ‘quietly capitalizing’ with drop to $109K

Discover more