🔴 Bitcoin flushed over $400 million in long positions 📉 as prices tested $84,100, but underlying data points to a routine leverage reset rather than a systemic crash. Forced liquidations measured just $248 million per 1% drop, compared to $2.2 billion during past meltdowns. With funding rates staying subdued 🚀 and support holding at $82,300, traders are watching for a reclaim of $86,000 to confirm the market reset.
Will Bitcoin hold $82,300 support through this leverage reset, or will funding rates spike on Binance? 👇
#bitcoin #leverage #liquidations #derivatives #ethereum
Will Bitcoin hold $82,300 support through this leverage reset, or will funding rates spike on Binance? 👇
#bitcoin #leverage #liquidations #derivatives #ethereum