✉news BusinessCrypto first seen 8 h ago, last 8 h ago, peak #34
Bitcoin long positions worth $10.36M liquidated as price dips to $83,107
Bitcoin fell to $83,107, triggering the liquidation of long positions worth roughly $10.36 million. The drop caught leveraged traders betting on a price recovery off guard, forcing their positions to be closed automatically as losses mounted. Traders are watching whether the cryptocurrency can hold above this level or faces further declines amid continued market volatility.
Why now: Bitcoin's sharp price drop triggered significant liquidations, alarming leveraged traders
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/198851