Binance funding rates have turned negative, indicating a rise in short pressure and shifting trader sentiment.
Whale activity and long positions surged, suggesting accumulation despite overall market caution.
Bitcoin's open interest hit an all-time high of $12 billion, but dropped to $7.5 billion after a correction, signaling a mass purge of overcrowded long positions.
Data shows an increase in addresses holding more than 1,000 BTC, along with a rise in whale trading volume and institutional accumulation despite market uncertainty.