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Spot bitcoin ETFs bled $430.2 million on Thursday while $1.12 billion of longs were liquidated. Binance's perp book shrank 7.44% and still ended 74.5% long.
Bitcoin swept 75,736, closed at 80,504 and liquidated $378 million of shorts in an hour. The 50-day at 82,064 is now the gate between 84,898 and 77,910.
Bitcoin lost $6,606 from its October high and $1.16 billion of leveraged longs were liquidated in 24 hours. Here are the exact levels that decide October.
Bitcoin liquidated $238M of shorts into Friday's 6.5% candle while funding never once went negative. What the leverage map says about the $82,000 gate.
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