Bitcoin Sell Volume Surges by $1.8 Billion Amid US Tensions
Analysis
Price Impact
HighA surge of $1.8 billion in sell volume within an hour indicates significant selling pressure, likely driven by fear and uncertainty from geopolitical events, which can cause sharp price drops.
Trustworthiness
HighThe information comes from a reputable crypto analytics platform (cryptoquant) and is corroborated by observed price movements and market sentiment shifts. the specific data points like sell volume and derivatives pressure index add to the credibility.
Price Direction
BearishThe substantial increase in sell volume, coupled with a sharp drop in the derivatives pressure index and the direct mention of sellers dominating the market, strongly suggests a bearish short-term outlook for bitcoin.
Time Effect
ShortThe surge in sell volume and the geopolitical tensions are immediate catalysts that typically affect prices in the short term. while long-term effects depend on how tensions evolve, the immediate impact is likely to be felt over the next few days or weeks.
Original Article:
Article Content:
Cover image via U.Today Bitcoin records $1.8 billion in sell volume Bitcoin sellers dominate market Advertisement The crypto market has continued to face a series of repeated corrections with a mild short-term rebound. The frequent market downturn has seen Bitcoin’s sell volume surge significantly, according to data from crypto analytics platform CryptoQuant. After the recent price breakout that saw Bitcoin trade near the $70,000 mark, the market is back to the red territory and Bitcoin slid back to $63,000. While the crypto market is currently experiencing another wave of panic selling, the volatility this time is attributable to the rising tensions between the United States and Iran. HOT Stories Crypto Market Review: Bitcoin's $70,000 Guarded Like Treasure, Will Shiba Inu Have Bullish March? Ethereum Breaks Above 100-Day Threshold XRP Volume Rises 212%, Bitcoin ETFs Back in Demand With $506 Million, Dogecoin Price Reclaims $0.10 — U.Today Crypto Digest Bitcoin records $1.8 billion in sell volume On Saturday, Feb. 28, the platform revealed that Bitcoin recorded about $1.8 billion in sell volume within just one hour. This massive sell activity flooded the derivatives market as traders rushed to offload positions amid the sudden market correction. Advertisement Notably, the sudden spike reflected aggressive market sell orders hitting order books, signaling growing fears as traders begin to take caution. You Might Also Like Sat, 02/28/2026 - 12:15 23,300 BTC Moved to Exchanges at Loss as Bitcoin Drops Below $64,000 By Tomiwabold Olajide While the market saw positive momentum days earlier, the shift in sentiment was swift. The platform shared charts revealing that Bitcoin’s key derivatives pressure index dropped sharply from 30% to 18%. This shows how quickly the mood turned strongly bearish. Advertisement The sudden flip is largely attributed to the macroeconomic pressure caused by the recent U.S. and Iran attack. Bitcoin sellers dominate market Following the sudden price flip, the data shows that sellers have dominated the market, and traders appeared to be more focused on limiting exposure than holding through uncertainty. Nonetheless, market watchers have retained optimism as they believe that extreme one-sided positioning can sometimes create the conditions for a rebound. As selling pressure continues to mount across the Bitcoin derivatives market, the Bitcoin open interest has been barely neutral over the last 24 hours. #Bitcoin #Bitcoin Price Prediction #CryptoQuant