
#Bitcoin's surge past $64,000 ignited a flurry of exchange activity. Glassnode data revealed a sharp rise in inflows and outflows between July 14-15, highlighting profit-taking by short-term traders and strategic holding by long-term investors. This showcases diverse market… https://t.co/ru9BRTSZnB
INSIGHTS 📈 #Bitcoin rally sparks exchange activity via @andjelaradmilac data via @glassnode https://t.co/faA9YuBBJi
INSIGHTS 📈 $200 million liquidated in 24 hours as #Bitcoin rises to $65k then falls via @akibablade https://t.co/SjGpg93AVA

Bitcoin's price surge led to liquidations of over $320 million in short positions within 24 hours. Analysts warn of potential market constraints from Mt. Gox and seasonal trends. Miner selling slowed as reserves increased by $62 million.