On December 15, 2025, Bitcoin's price fell below $87,000 shortly after the opening of Wall Street trading. This decline occurred amid a sharp sell-off that saw $200 million worth of Bitcoin long positions liquidated within a little over an hour. The sell pressure was notably linked to large liquidations by Binance and Wintermute, who together accounted for over $100 million in long position liquidations within five minutes.
Overview of Bitcoin Price Drop on December 15, 2025
The start of the US trading week brought increased volatility to Bitcoin markets. Despite Strategy's announcement of purchasing 10,645 BTC at an average price of $92,098 per coin, the price dropped as sellers aggressively liquidated long positions. Bitcoin briefly reached lows near $86,625, reflecting a round of distribution coinciding with Wall Street's return. See also: Michael Saylor Hints at Next Bitcoin Buy as BTC Drops Below $88,000
Market Participants and Reactions
Strategy, known for holding the world's largest Bitcoin treasury, revealed its latest acquisition during the sell-off, buying over 10,000 BTC at prices above $92,000. Meanwhile, traders shared varied perspectives on the price action. Trader Roman highlighted that selling volume was not very high, suggesting a possible bounce around $84,000. Trader Daan Crypto Trades described the current market moves as a "massive liquidity hunt," indicating ongoing volatility. AlejandroBTC observed that the recent break of a trading range signaled a sweep of new lows within a larger range. See also: Bitcoin Drops Below $86,000 Amid $2.78B Whale Selling Pressure
Analysis of Market Manipulation Claims
Market commentators pointed to Binance and Wintermute's rapid liquidation of more than $100 million in long positions as evidence of "pure manipulation." This activity contributed significantly to the downward pressure on Bitcoin's price. On-Chain College noted a reversal in funding rates on Bitcoin futures markets since July, reflecting changing dynamics where Bitcoin longs began paying premiums to shorts on leveraged trades, which has implications for market sentiment. See also: Bitcoin sharks accumulate fastest since 2012 amid 30% price drop
Implications for Bitcoin Price Trends
The consensus among analysts suggests that Bitcoin may experience further lows before a meaningful recovery occurs. On-chain analysis indicates that a long-term bottom could be forming despite the current volatility. Traders and observers expect this turbulent price behavior to continue into the new year, with potential for both sharp moves and relief bounces.
Why This Matters for Miners in Russia
For miners operating in Russia with up to 1,000 devices, understanding these market fluctuations is crucial. The significant liquidations and price drops can affect the value of mined Bitcoin and influence decisions on when to sell or hold. While the volatility may present risks, it also offers opportunities for strategic accumulation or adjustment of mining operations based on market trends.
What Miners Should Do
- Monitor Bitcoin price movements closely, especially during US market hours when volatility can spike.
- Consider the impact of large liquidations on short-term price swings and plan sales accordingly.
- Stay informed about major market participants like Strategy, Binance, and Wintermute, as their actions can influence market direction.
- Prepare for continued volatility by managing operational costs and maintaining flexibility in mining strategies.
