Bitcoin slips from $87,000 as $433M in positions are liquidated, 74% longs
- —24-hour liquidations total $433.57M, with longs at $321.77M
- —BTC at $84,627, ETH at $2,684, XRP at $1.48 — all down over 24 hours
- —Total crypto market cap fell 1.8% to $2.88 trillion
- —Bitcoin ETFs saw $149M in outflows on Sept. 30; ether ETFs $59.58M
Why it matters: The failed push past $87,000 and long-heavy liquidations suggest the rally was leveraged rather than driven by durable spot demand.
Source: TokenPost