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CryptoMediumUpdated×5•Originally published 14 August 2026•Updated 14 August 2026•
1 min read

Bitcoin Breaks Below $63,000 Amid Liquidation Pressure and ETF Outflows

Key Facts

1Bitcoin price fell below $63,000, reaching its weakest level since August 3.
2Spot Bitcoin ETFs recorded $192 million in net outflows over a two-day period.
3Price decline coincided with a drop in Binance open interest, signaling liquidations of leveraged longs.

Amid a notable downturn in digital asset markets, Bitcoin's price fell below the $63,000 threshold, reaching its weakest level since August 3. According to reports, this decline was driven by spot Bitcoin ETFs recording net outflows of $192 million over a two-day period. The price drop coincided with a decrease in open interest on the Binance exchange, signaling a wave of leveraged long liquidations that intensified selling pressure.

These technical movements reflect a breach of key support levels following a period of market optimism. The breakdown below $63,000 triggered stop-loss orders and a cascade of liquidations for leveraged traders. The liquidity exit from spot ETFs suggests a temporary cooling in institutional appetite, while available data indicates this drop represents a sharp price correction compared to levels seen earlier this month.

From a macro perspective, risk sentiment may be influenced by recent US CPI data showing a 3.4% annual inflation rate, which could impact crypto asset trajectories in the near term.

Latest Updates · 3

  1. Notable·

    Update: Recent on-chain data reveals a diverging trend among large-scale holders, with "whales" accumulating approximately 54,000 BTC. This significant buying activity occurs even as the price remains under technical pressure below the $65,000 level, suggesting strategic long-term positioning despite the ongoing market volatility.

  2. Notable·

    Update: Recent data reveals that Bitcoin ETFs surrendered 38% of their recent gains over four trading sessions ending August 13. Despite the broad market retreat, MSBT and Grayscale's Bitcoin Mini Trust bucked the trend, managing to attract net inflows while the wider sector faced significant outflows.

  3. Notable·

    Update: Bitcoin price has extended its decline to $62,500, marking a new low for August. The digital asset is currently decoupling from the US equity market, failing to mirror the rally that has pushed stocks near all-time highs despite favorable macroeconomic data.