Bitcoin at $83,574 as $822M in positions liquidated, 84% longs
- —BTC $83,573 (-0.5%), ETH $2,527 (-1.4%), SOL $108.34 (-4.1%)
- —24-hour liquidations hit $822.31 million, 84% longs
- —171,410 traders were liquidated
- —Market cap $2.905 trillion, 24-hour volume $96 billion
Why it matters: The long-heavy liquidation mix shows traders were positioned for upside and were forced out as prices slid.
Source: Koin Bülteni