Bitcoin fell 14 % in the second quarter of 2026, dropping below its three key moving averages after peaking above $82,186 in May. Yet the 1-year realized volatility stood at 42 % by end of June, near multi-year lows, suggesting seller exhaustion rather than panic. Large holders reached an all-time high of 14.85 million BTC in June, buying during the decline and absorbing short-term seller outflows. US spot Bitcoin ETFs recorded their worst month ever with approximately $4.5 billion in net outflows in June, while the price remains above the floor levels tracked by ARK Invest at around $53,000 and $49,000.
Source: Read the original article
