$BTC Bitcoin broke below $82,000 — and the leverage market just paid the price. BTC fell from about $84,200 to $81,382, down 2.8% in 24 hours, triggering a massive liquidation wave across crypto derivatives. The damage: Total crypto liquidations: $771M in 24 hours Most forced closures were long positions $389M was liquidated in crypto derivatives, with $311M from bullish longs $304M occurred in just the final 12 hours — selling pressure accelerated fast. It was not only Bitcoin: ETH: -4.6% to about $2,425 SOL: -7.5% XRP: -6.4% ZEC: -10.4% Why the market cracked: Risk-off sentiment before U.S. inflation data, rising Treasury yields, a stronger dollar, and heavy ETF outflows all hit risk assets at once. Spot Bitcoin ETFs saw $681.1M in net outflows last week, while Ethereum ETFs lost $542M. South Korea’s Kospi also fell more than 6%, reinforcing the global risk-off mood spreading into crypto. High leverage turns a normal pullback into a cascade. When price drops, overleveraged longs get liquidated — and those forced sales push price lower, triggering even more liquidations. This is a leverage flush, not automatically a trend reversal. Watch $82,000. If buyers reclaim it, this may become another liquidity grab. If BTC loses it decisively, $78,000 becomes the next major level to defend. Manage risk. Reduce leverage. Let the market show its hand. #Bitcoin #BTC #Liquidations #ETF #Trading