The post Analyzing why Bitcoin prices hold strong despite 40K BTC sell-off appeared on BitcoinEthereumNews.com.

Key takeaways Bitcoin faced intense sell-side pressure this week, with over 40,000 BTC hitting exchanges and ancient wallets reactivating. Despite this, BTC held above $110,000, supported by rising Open Interest (especially on Bybit) and neutral Funding Rates that indicate a balanced, if tense, market. Bitcoin [BTC] just took a punch – over 40,000 BTC landed on exchanges this week Despite that, BTC continued to trade above $110,000, down from its recent peak near $123,471. What’s keeping the market from breaking? For one, whale and OTC desk flows remain active. Here’s a closer look at what’s driving the pressure and the support! Funding Rates flatline as Bitcoin holds above $110K Despite a wave of sell pressure and large spot inflows to exchanges, Bitcoin Funding Rates across major derivatives exchanges like OKX, Binance, and Bybit have remained flat to mildly positive. Source: CryptoQuant This suggests a pause in excessive leverage and reflects a more balanced market. Liquidation data backs this up – there’s little sign of forced selling. Combined, these indicators point to a market in consolidation mode, possibly preparing for the next leg once the summer lull breaks. Bybit Open Interest surges as price dips Source: Alphractal Next: Bitcoin Cash hits $555 – Can BCH finally escape THIS trendline trap? Source: https://ambcrypto.com/analyzing-why-bitcoin-prices-hold-strong-despite-40k-btc-sell-off/

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Filed under: News - @ July 26, 2025 9:28 am