Bitcoin at $85K: $193M liquidated as downside liquidity builds toward $82K
- —24-hour liquidations totaled $193.01 million, including $108.4 million in longs
- —In the past hour, long liquidations hit $5.01 million versus $1.85 million in shorts
- —ZEC fell 6.28% to $1,333, with $17.04 million in longs liquidated
- —NEAR dropped 7.27% to $4.862, triggering $7.47 million in long liquidations
Why it matters: Holding $85,000 could fuel a short squeeze into $85,500–86,000, while a break lower would accelerate long liquidations toward $82,500–83,000.
Source: Blockmedia