
Bitcoin Longs Absorb $403.58 Million Liquidation Flush as Leverage Rebuilds
- —BTC slid 1.7% during the session to around $84,100
- —Long liquidations in bitcoin totaled $403.58 million
- —The flush was much smaller than the October 10 crash
- —Leverage across the market is beginning to rebuild
Why it matters: The modest scale of liquidations signals market resilience, but rebuilding leverage raises the risk of fresh sharp moves.
Source: Coinotag