Bitcoin holds $83K as $511M is liquidated across crypto market
- —24-hour liquidations reached $511 million, with longs making up 79.8%
- —12,800 traders were liquidated; the largest single order was $11.82 million on Binance's ETH/USDT contract
- —The Fear and Greed Index slipped to 73 from 74, still in greed territory
- —SOL dropped 2.95% to $118.07 and XRP fell 1.71% to $1.488
Why it matters: Bitcoin is holding above $83,000 even as US equities sell off, but the heavy long skew in liquidations leaves room for further downside.
Source: 動區 BlockTempo