Bitcoinfell
sharply
early
Saturday
session,
dropping
to
a
low
of
$63,019
as
traders
considered
macro
concerns.
Over
$514
million
in
crypto
positions
have
been
liquidated
in
the
last
24
hours,
according
to
CoinGlass
data,
with
Bitcoin
accounting
for
$193
million.
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Bitcoin
extended
an
earlier
drop
on
Friday
after
a
report
showed
U.S.
producer
prices
rose
more
than
expected,
suggesting
that
inflationary
pressures
remain.
February
is
ending
with
losses
for
Bitcoin
(currently
down
19%),
with
this
economic
data
reinforcing
bets
that
the
Federal
Reserve
might
remain
on
hold
for
the
time
being.
For
Bitcoin,
the
losses
extend
a
months-long
sell-off
in
crypto
markets,
beginning
with
the
liquidation
of
some
$19
billion
in
leveraged
positions
in
October,
just
days
after
Bitcoin
rose
to
an
all-time
high
above
$126,000.
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Crypto
Market
Review:
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Guarded
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Treasure,
Will
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Ethereum
Breaks
Above
100-Day
ThresholdXRP
Volume
Rises
212%,
Bitcoin
ETFs
Back
in
Demand
With
$506
Million,
Dogecoin
Price
Reclaims
$0.10
—
U.Today
Crypto
Digest
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Fri,
02/27/2026
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13:17
Over
$266
Million
in
Bitcoin
Exit
Leading
Crypto
Exchange
ByCaroline
Amosun
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Bitcoin
surged
to
a
record
high
of
$126,198
in
October
2025.
A
sharp
sell-off
followed,
leaving
digital
assets
under
pressure
and
investors
increasingly
cautious.
Any
sustained
rebound
would
offer
relief
after
cryptocurrencies
were
hit
by
a
sell-off
late
last
year.
23,300
BTC
sent
to
exchanges
at
loss
Bitcoinextended
its
sell-off,
falling
below
$64,000
with
short-term
holders
sending
23,300
BTC
to
exchanges
at
a
loss
in
the
last
24
hours.
Short-Term
Holders
remain
in
sell
mode
📉
In
the
past
24h,
23.3k
BTC
were
moved
to
exchanges
at
a
loss.pic.twitter.com/1VMS3xdPef
—
Maartunn
(@JA_Maartun)February
27,
2026
The
Crypto
Fear
and
Greed
Index
remains
in
extreme
fear
at
14.
Over
9
million
Bitcoin,
about
45%
of
all
tokens
in
circulation,
is
currently
worth
less
than
what
its
holders
paid
for
it,
according
to
on-chain
data.
This
explains
why
holders
sell
into
any
bounce,
limiting
upward
momentum.
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Of
the
first
22
days
in
February,
19
saw
net
losses,
meaning
more
holders
sold
below
what
they
paid
than
above
it,
locking
in
pain,
day
after
day.
In
this
context,
as
Bitcoin
saw
another
bout
of
selling
over
the
weekend,
holders
sent
their
coins
to
exchanges
not
to
profit
but
rather
at
a
loss.
Moving
to
exchanges
depicts
selling,
while
withdrawals
might
indicate
buying.
According
toMaartunn,
a
community
analyst
at
CryptoQuant,
short-term
holders
continue
to
sell.
Maartunn
reported
that
in
the
last
24
hours,
23,300
BTC
were
moved
to
exchanges
at
a
loss.