Binance&#8217;s strategic Bitcoin accumulation underscores institutional confidence 
in crypto, potentially stabilizing market sentiment amid volatility.
The post Binance SAFU Fund completes $1B Bitcoin accumulation appeared first 
on Crypto Briefing.

Binance SAFU Fund completes $1B Bitcoin accumulation

Bitcoin is facing renewed selling pressure after losing the key $70,000 level, 
a breakdown that has pushed the market into a more defensive phase. The 
inability to hold this psychological support has weighed on sentiment. With 
traders increasingly cautious as volatility rises and liquidity conditions 
remain uncertain. Price action near the mid-$60,000 range now represents a 
critical zone where market participants are assessing whether the current move 
is a deeper correction or simply another consolidation phase within the 
broader cycle. Related Reading: Bitcoin Drop Wipes Billions From Recent 
Buyers: New Whale Cost Basis Falls Toward $90K On-chain data highlighted by 
analyst Axel Adler adds important context to the recent decline. According to 
his analysis, realized losses across the Bitcoin network have surged to levels 
comparable to those seen during the June 2022 Luna and UST crash. At first 
glance, this suggests significant stress and widespread capitulation among 
investors. However, the price backdrop is markedly different this time. 
Whereas the 2022 losses occurred when Bitcoin traded near $19,000, the current 
wave of loss realization is unfolding around $67,000. This distinction 
materially changes how the signal is interpreted. Rather than pointing to 
systemic market collapse, the data may reflect the flushing out of late-cycle 
buyers and leveraged positions, leaving Bitcoin at a pivotal stage where 
demand strength will determine the next directional move. Extreme Realized 
Losses Signal Capitulation, Not Structural Breakdown Axel Adler’s latest on- 
chain assessment highlights a sharp deterioration in Bitcoin’s realized profit 
and loss dynamics. The Bitcoin Net Realized Profit/Loss 7-day moving average 
recently dropped to around -$1.99 billion, signaling large-scale loss-taking 
comparable to conditions seen during the June 2022 Luna-driven market shock. 
This metric tracks the balance between realized profits and losses from coins 
moving on-chain, offering a smoothed view of investor behavior over time. 
Although the indicator slightly recovered to roughly -$1.73 billion in the 
following days, it still represents the second-deepest negative reading on 
record. Net losses have remained below -$1.7 billion for several consecutive 
sessions. This indicates persistent seller pressure and ongoing capitulation 
among investors who entered the market at higher prices. Historically, a 
sustained return above zero has marked transitions back to profit-dominant 
market phases. Bitcoin Realized Loss has climbed to approximately $2.3 billion 
on a 7-day basis, a level comparable to peak stress during the 2022 crash. 
However, the broader context differs significantly. Similar loss volumes are 
now occurring near $67,000 rather than $19,000, suggesting a cyclical flush of 
late bull-market entrants rather than systemic market failure or structural 
network deterioration. Related Reading: Ethereum Holders Shift To Self-Custody 
As Market Consolidates Near $2K Bitcoin Breakdown Extends As Momentum Remains 
Bearish Bitcoin’s daily chart reflects sustained downside pressure after the 
decisive loss of the $70,000 level. The price is now hovering in the 
mid-$60,000 range following a sharp decline. The move confirms a clear shift 
in short-term market structure, characterized by lower highs, accelerating 
selloffs, and repeated failures to reclaim former support zones. This pattern 
typically signals weakening bullish momentum and increasing caution among 
market participants. Technically, Bitcoin is trading below key moving 
averages, which now act as overhead resistance rather than support. The 
inability to recover these levels suggests that sellers continue to dominate 
short-term price action. Recent spikes in trading volume during the drop 
reinforce the idea of forced deleveraging and defensive positioning rather 
than orderly rotation or accumulation. Related Reading: Ethereum Crash Below 
$2,000 Triggers Record Token Movement: Hinting At Capitulation The 
$60,000–$62,000 region emerges as the next critical support area. Aligning 
with prior consolidation zones and historical liquidity clusters. Holding this 
range would help stabilize sentiment and potentially enable consolidation. A 
break below it, however, could open the door to deeper retracement scenarios. 
Featured image from ChatGPT, chart from TradingView.com

Bitcoin Realized Losses Hit Luna Crash Levels — But Price Context Points To A Different Market Phase

Crypto trading firm BlockFills has temporarily suspended client deposits and 
withdrawals, citing recent market and financial conditions. The decision was 
disclosed in a post shared by the company on X and was described as a 
protective measure for both clients…

Crypto trading firm BlockFills halts deposits and withdrawals amid market stress

Berachain price exploded higher after an extreme funding imbalance in 
perpetual markets triggered a wave of short liquidations. BERA was trading at 
$0.937 at press time, up 82% in the past 24 hours. The token moved between 
$0.5117 and $1.43…

Berachain price explodes 82% as extreme funding rate anomaly pressures shorts

Coinbase has launched Agentic Wallets, a new type of crypto wallet built just 
for artificial intelligence agents. These wallets let AI systems manage money 
and complete blockchain transactions without needing human approval. The 
announcement came from Coinbase’s Developer Platform blog…

Cryptocurrency price in UAH