Markets· ★★★★· bearish·

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