Data: If BTC drops below $86,378, the total long liquidation strength of mainstream CEXs will reach $1.457 billion.

Data: Retail investors continue to increase their Bitcoin holdings, but whale sell-offs may suppress rebound potential

ChainCatcher Message: Currently, Bitcoin prices are fluctuating mostly in the mid-$60,000 range. Market opinions suggest that retail buying can provide some "bottom support" and generate short-term momentum. However, for a sustainable rebound to form, large holders need to stop distributing and even shift to net buying. Analysis indicates that Bitcoin is not lacking retail participation at present; the key is whether whales will cease selling pressure and turn to structural buying. Otherwise, each rebound may face the risk of being sold at high levels.

Bitcoin ETF experienced a net inflow of $88.10 million yesterday.

BlockBeats News, February 21 — According to Farside Investors monitoring, yesterday the US Bitcoin spot ETF had a net inflow of $88.1 million, with IBIT experiencing a net inflow of $64.5 million. Ethereum ETF inflow/outflow was $0.

'Not A Stock:' El Salvador Defends Bitcoin Purchases Amid Market Slump

The government of El Salvador defended its continuous bitcoin purchases before critics, even as the market is currently experiencing a downturn. Vice-President Felix Ulloa stated that bitcoin was part of a reserve strategy and that the country is preparing for a world where fiat currencies will