# Futures Selling and Long Liquidations Pressure Bitcoin’s Recovery By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/47569 Published: 2026-11-03T10:50:02.000Z Updated: 2026-11-03T10:50:02.000Z Section: Investing > Spot buying continued but did not absorb futures pressure. A separate 30-day measure had already turned negative as Bitcoin exchange reserves rose. Bitcoin (BTC) traded near $76,900 at 5:48 a.m. ET (10:48 UTC) Nov. 3 as futures selling and long liquidations pressured its recovery, adding to volatility. Spot-market purchases continued but did not absorb the selling, and traders remained cautious as liquidations added volatility. The price pressure came against a weak spot-demand backdrop. The [30-day spot-demand measure had turned negative as Bitcoin exchange reserves rose](). The measure tracks direct purchases; futures are derivatives, so activity in futures does not establish equally strong buying in the spot market. Traders are watching whether spot purchases strengthen relative to futures selling as they assess the recovery. ## Links in this article - [30-day spot-demand measure had turned negative as Bitcoin exchange reserves rose](https://www.tokenpost.com/news/investing/34418)