Bitcoin slips below $82,000 as $120 million in crypto longs get liquidated
- —About $120 million in crypto long positions were liquidated in 15 minutes
- —Bitcoin dropped below $82,000 during intraday trading on October 12
- —US spot Bitcoin ETFs recorded $487 million in single-day outflows
- —Key support sits at $81,300–82,000; the October 8 low was near $80,400
Why it matters: A clean break below the $81,300–82,000 support could trigger another round of forced selling if leverage stays elevated.
Source: Crypto Briefing
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