More than $815 million in crypto positions were liquidated over 24 hours, affecting 118,155 market participants, according to WhaleInsider. Long positions accounted for the majority of the liquidations as Bitcoin fell below $80,000 and Ether approached $2,350. This wave of deleveraging reflects a recalibration of market expectations, particularly for major cryptocurrencies. In the Hyperliquid price predictions market, the probability of the asset reaching $100 by the end of 2026 has fallen to 33% from a peak of 40% reached a week earlier.
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