Bitcoin slides toward $82.5K as over $2.4 billion in crypto liquidations hit longs
Photo: Crypto Briefing
A week of falling prices, rising yields and ETF outflows flushed leveraged bulls out of the market Over $2.4 billion in crypto positions were liquidated this week as Bitcoin fell from $85.7K to $82.5K. Most of the damage landed on traders betting the price would go up. The sell-off arrived during a rough stretch for markets in general, with bond yields climbing, oil getting expensive and money leaving Bitcoin ETFs. In early October 2026, Bitcoin dropped from near $86,600 to intraday lows of approximately $80,350.
Source: Crypto Briefing
