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Bitcoin briefly slides below $84,000 as crypto long liquidations reach $487 million

The Block·October 7, 2026·1 min read
Bitcoin briefly slides below $84,000 as crypto long liquidations reach $487 million

Crypto liquidations hit $555.6 million in the past 24 hours, with long positions accounting for $487.2 million, according to CoinGlass. Bitcoin briefly slid below $84,000 as leverage flushed out. The cascade wiped out overleveraged traders, marking one of the sharpest daily drops in recent weeks and underscoring market volatility amid broader economic uncertainty.

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