Bitcoin fell below the $82,000 level in recent hours, triggering over $600 million in liquidations within 12 hours and $820 million over 24 hours, including $500 million in long positions alone. A total of 171,141 traders were liquidated, with the largest single loss estimated at $9.65 million on the Binance platform. Approximately 36,800 BTC transferred in profit to exchanges were recorded in 24 hours, while Coinbase’s Bitcoin premium showed its widest negative gap since last July, at around $90. The US Bitcoin spot ETF market recorded $65 million in net outflows on October 12. This situation may be partly linked to the crisis affecting Ledger hardware wallets, prompting their owners to deposit their funds on platforms for verification.
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