Bitcoin slips below $82,000 as 36,800 BTC flow into exchanges
- —More than $600 million liquidated in 12 hours, over $820 million in 24 hours
- —Longs accounted for $500 million; BTC $152 million, ETH $146.5 million
- —171,141 traders liquidated in 24 hours; largest single position on Binance at $9.65 million
- —36,800 BTC moved in profit to exchanges in 24 hours as Net Taker Volume turned negative
Why it matters: Heavy BTC deposits to exchanges and weak US demand could keep seller pressure elevated and extend the correction.
Source: Cryptoast