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Bitcoin slipped below $82,000, and leveraged bulls paid for it almost immediately. Roughly $120 million in long positions across crypto were liquidated in the span of 15 minutes.The drop pushed Bitcoin under the $82,000 mark during intraday trading on October 12. As the price fell, exchanges began…
Bitcoin fell below $82,000 as crypto liquidations reached $771 million, with long positions taking most of the losses ahead of US inflation data.
Bitcoin fell below the $82,000 mark over the weekend as a sudden wave of liquidations wiped out approximately $120 million in leveraged cryptocurrency long positions within just 15 minutes. The sharp decline highlighted the risks of trading digital assets with borrowed funds and renewed concerns about the market’s…