Markets· ★★★★· bearish·

Crypto Liquidations Top $1B as Bitcoin Slips to $80,393

  • —24-hour liquidations topped $1 billion, with 93% from longs
  • —More than $600 million was liquidated in a single hour, the most in a month
  • —US spot Bitcoin ETFs saw $487 million in outflows, the most since late June
  • —Bitcoin broke $81,000; Glassnode sees the next leveraged cluster near $75,000
Why it matters: The market is testing $80,000 support ahead of the 10/10 crash anniversary and the October 14 US inflation print.
#BTC#ETH
Source: BeInCrypto
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