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Bitcoin just moved -4% from $118,920 to $114,000.
The move came after Trump announced new tariffs, and over $195M in long positions were liquidated.
Here are 4 key charts breaking it down 👇

21,400 BTC were moved from short-term holders (STH) to exchanges at a loss, similar to previous spikes on:
July 15, 2025: -50,134 BTC
July 25, 2025: -39,105 BTC

Bitcoin's price action has pushed it to the edge of a key on-chain support cluster.
This is still support, below that? It’s thin air.

First key support levels to watch:
On-chain support: $111,600
Technical support (previous ATH): $112,000
Trader Realized Price: $105,500
If Bitcoin breaks down, these levels will be critical to watch.
Link ⤵️

All of the charts above are available with a CryptoQuant Plan.
Access real-time data.
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