Bitcoin at $82,500 Ahead of Oct. 10 Crash Anniversary: $1.09B Liquidated, ETF Outflows Near $1B
- —24-hour liquidations hit $1.09 billion: $933.16 million longs, $157.34 million shorts
- —US spot Bitcoin ETFs saw $484.9 million in net outflows on Wednesday, the largest since June 25
- —Ether ETFs bled $72.5 million, extending their losing streak to eight sessions
- —Bitcoin open interest rose 4% in seven days to about 650,480 BTC
Why it matters: A break below the $81,500–83,300 support zone could expose Bitcoin to a drop toward $75,000 and another liquidation cascade.
Source: CoinCodex