According to @52kskew on X (Oct 16, 2025), BTC has seen constant TWAP selling since pre-market and the cash open, signaling persistent sell programs pressuring price action (source: @52kskew). According to @52kskew, a lot of shorts have opened into weakness below $110K, indicating aggressive positioning against any bounce (source: @52kskew). According to @52kskew, $110K is the line in the sand: reclaiming $110K would be bullish, while remaining below with ongoing sell pressure would be bearish and maintains downside risk for intraday traders (source: @52kskew).

According to @52kskew, clear TWAP selling on Binance spot is pushing BTC lower (source: @52kskew). Open interest is rising while notional delta declines, indicating shorts are scaling into price (source: @52kskew). A subtle uptick in perpetual premiums and funding suggests some longs are DCA-ing into the dip (source: @52kskew). Near-term direction hinges on spot flow: sustained sell pressure is bearish, while absorption of current sells would be bullish (source: @52kskew). Traders should monitor Binance spot net selling, OI versus notional delta, perp basis, and funding to gauge squeeze or continuation risk (source: @52kskew).

According to @52kskew, BTC price action has been very efficient with low volatility because the market is seeing primarily TWAP selling into price, characterized by persistent taker and limit selling (source: @52kskew, Oct 7, 2025). According to @52kskew, sufficient limit bids have provided liquidity, enabling a low-slippage sell-off from the recent high rather than a disorderly move (source: @52kskew, Oct 7, 2025). According to @52kskew, these order-flow conditions indicate liquidity absorption on the bid side that has contained volatility while facilitating a controlled drawdown (source: @52kskew, Oct 7, 2025).

According to @52kskew, BTC order flow shows a second attempt where spot asks are being pulled, shorts are getting filled on perpetuals, the tape is being spoofed lower, and a TWAP short is pressing into price, indicating an orchestrated short build; source: @52kskew on X, Sep 16, 2025. @52kskew adds that if competing buy-side liquidity steps in, these shorts could be blown out, flagging near-term short-squeeze risk for BTC; source: @52kskew on X, Sep 16, 2025.

According to @52kskew, BTC saw $112.2K ask liquidity pulled while sizable asks attempted to cap price on both spot and perpetual futures (source: @52kskew on X, Sep 8, 2025). The author also reports pre-market TWAP selling into price (source: @52kskew on X, Sep 8, 2025). The author suggests a $110K buyer is probably realizing some profit (source: @52kskew on X, Sep 8, 2025).

According to @52kskew, BTC spot TWAP selling continues to dominate price action, while a significant amount of short positions were closed and many longs were deleveraged around the $112K level. This price point is now considered pivotal for traders, as further movement above or below $112K could signal the next major trend in the BTC market (source: @52kskew).

According to @52kskew, a potential single entity has returned during illiquid trading hours to sell large clips of BTC, triggering significant market activity. Since the start of TWAP (Time-Weighted Average Price) selling, approximately 2000 BTC have been sold directly into the market, with a corresponding unwinding of about 2000 BTC in long positions. This concentrated selling pressure during low liquidity periods has accelerated long liquidations and created volatility in the BTC price, offering short-term trading opportunities and highlighting the risks of trading during off-peak hours (Source: @52kskew on Twitter).