Crypto Liquidations Top $1 Billion as Bitcoin Falls to $80,393
Crypto liquidations top $1B as Bitcoin drops to $80,393 More than $1 billion in crypto positions were liquidated in 24 hours as Bitcoin fell to $80,393 on Thursday, with roughly $930 million wiped from bullish bets, CoinGlass data shows. The move marked the biggest long-side liquidation wave in 90 days, while US spot Bitcoin ETFs saw $487 million in outflows, their largest since late June, as traders weighed hawkish Fed signals and rising Treasury yields.