According to a new report from CryptoQuant, Bitcoin markets remain remarkably stable following the initial shock of recent geopolitical conflict, with no clear signs of panic or mass liquidation.
Despite the outbreak of war on June 11, key on-chain and derivatives data show that investors are largely maintaining a “wait and see” stance.
BTC Exchange Netflows Show No Signs of Panic
CryptoQuant’s analysis of netflow data—which tracks the difference between BTC moving onto and off of exchanges—shows no significant shift in behavior since June 11. This indicates that investors are not rushing to sell their holdings, and no wave of BTC is being transferred to exchanges for liquidation at this time.
Derivatives Market Remains Resilient
While some long positions were liquidated during the brief price drop following the conflict’s outbreak, Open Interest on centralized exchanges (CEXs) has remained firm. This suggests that most traders are choosing to hold their positions rather than exit the market.
A similar pattern appears on the Chicago Mercantile Exchange (CME), where institutional players and speculators operate. Open Interest saw a slight decline post-June 11, but no major unwinding of positions has occurred.
Investor Sentiment: Cautious but Not Fearful
Overall, the market reaction suggests that investors currently view the war as a localized event, not yet threatening enough to spark a broader sell-off. The tone remains cautiously optimistic, with no signs of deep risk aversion—yet.
Outlook: Calm for Now, But Uncertainty Lingers
CryptoQuant’s report concludes that while the present market behavior is encouraging, the geopolitical situation remains fluid. A sharp escalation could shift sentiment quickly. For now, the dominant strategy among participants appears to be one of discipline and patience—a “wait and see” approach until further clarity emerges.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-market-holds-steady-in-wait-and-see-mode-amid-rising-geopolitical-tensions/