CryptoCointelegraphabout 2 hours ago
Bitcoin Dips Below $84K Amid $550M Liquidations
2 min read
Bitcoin dipped below $84,000 on Wednesday, triggering over $550 million in crypto long liquidations. Suspicion arose regarding leveraged BTC short positions on Hyperliquid, where four wallets opened shorts on 148.49 BTC with 40x leverage. Open interest rebounded from $54.2 billion to $55.3 billion between 4 a.m. and 10 a.m. UTC.
Level
Hype check
Tap to vote and see what everyone thinks.
