Bitcoin fell below $84,000, triggering a wave of liquidations on the long side totaling $550 million, according to an Odaily report citing CoinDesk. The brief update did not provide a narrower time window for the liquidations, exchange-level breakdowns, or additional market data. What is clear from the source is limited to two core facts: BTC moved below the $84,000 mark, and bullish positions were wiped out on a large scale as the market moved lower. No further details on trading volume, open interest, or follow-up price action were disclosed in the original newsflash.
Bitcoin fell below $84,000, according to Odaily, which cited CoinDesk.
The move led to liquidations of bullish market positions totaling $550 million.
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