Bitcoin Falls to $85K Over-Leveraged Longs Behind the Drop
Bitcoin’s slide to $85K wasn’t caused by people selling coins directly. It was mostly a cascade of liquidations small price drops forced leveraged traders to exit, which then triggered more liquidations and pushed the price down faster.
The chart shows how this chain reaction played out.
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Bitcoin Falls to $85K Over-Leveraged Longs Behind the Drop
Bitcoin’s slide to $85K wasn’t caused by people selling coins directly. It was mostly a cascade of liquidations small price drops forced leveraged traders to exit, which then triggered more liquidations and pushed the price down faster.
The chart shows how this chain reaction played out.