
Bitcoin slips below $84,500 as liquidations top $550M
- —BTC trades near $84,335, down over 2.5% so far this week
- —$550.65 million in positions across 101,831 traders liquidated in 24 hours
- —Longs accounted for 90.54% of liquidations
- —Spot Bitcoin ETFs saw $118.86 million inflow Tuesday after $89.9 million outflow
Why it matters: Heavy long positioning and rising liquidations raise the risk of a deeper BTC pullback toward the 50-day EMA near $79,600.
Source: FXStreet Crypto
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