$771 Million Liquidated as Bitcoin Lost $82,000 – and…
By Rick Steves
AI summary of the source article
Bitcoin dropped below $82,000 on Monday, triggering $771 million in leveraged crypto liquidations over 24 hours, with long positions making up 88.9% of the total.
Key facts
- Over $771 million of leveraged crypto positions were liquidated over 24 hours, with long positions accounting for $685.6 million.
- Bitcoin fell 2.8% from about $84,200 to $81,382, while Ether, Solana, and XRP dropped 4.6%, 7.5%, and 6.4% respectively.
- US spot Bitcoin ETFs saw a $65.4 million net outflow on Monday, entirely from BlackRock's fund.
Source excerpt · FinanceFeeds
Bitcoin fell below $82,000 on Monday as CoinGlass liquidation data cited by The Block showed $771 million of leveraged crypto positions closed over 24 hours. Longs accounted for $685.6 million, or 88.9% of the total. The move tests the warning FinanceFeeds made two days earlier that leverage was building again around Bitcoin , even if it remained below the concentration seen before last year’s $19…