Amr Taha
Binance Data Shows Retail Panic Selling & Long Squeeze โ ๐ BTC Recovery Next?
๐ Daily Market Update: Bitcoin Falls Below $100K as Binance Retail Selling Spikes Over the last few days, Bitcoinโs price dropped sharply, breaking below $100K for the first time since June 2025. This move was accompanied by a clear wave of retail selling activity, mostly visible on Binance. ๐ [Bitcoin] LTH/STH Buy/Sell โ Binanc On November 3 and November 5, we saw sharp spikes in short-term holder (STH) selling activity, especially from the so-called โclown walletsโ. ๐ฌ Nov 3: 251 BTC sent to Binance ๐ฌ Nov 5: 517 BTC sent to Binance The chart shows these wallets typically buy near local tops and sell near major bottoms. Their behavior often provides liquidity for long-term holders and whales, who accumulate when retail panic sets in. ๐ BTC: Binance Liquidation Delta The chart also highlights the liquidation activity on Binance. Most of the liquidated positions were late long entries with high leverage, * Forced exits occurred between $107K and $100.5K * Stop-loss triggers converted into market sell orders, creating a cascade of long liquidations This โlong squeezeโ occurs when leveraged longs get stopped out, turning their stop-loss orders into instant market sells โ accelerating the drop. ๐ Conclusion Retail traders on Binance are once again showing excessive pessimism. When high-leverage longs are flushed and short-term holders panic-sell into the dip, Bitcoin tends to form local bottoms shortly after. Tracking retail sentiment on Binanceโs spot and derivatives market continues to give strong contrarian insights.