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Bitcoin drops 0.64% as nearly $10 million in long positions liquidate

  • Bitcoin experienced significant liquidations as its price declined within an hour
  • Long-position liquidations totaled $9.97 million during the move
  • Bitcoin fell 0.64% to $83,554

Bitcoin’s price fell 0.64% to $83,554, triggering nearly $10 million in liquidations within an hour. Long positions accounted for most of the forced closures, totaling $9.97 million, highlighting the pressure on leveraged bullish bets during the decline.

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