Bitcoin falls below $82,000 as crypto liquidations top $800 million
Bitcoin slid below the $82,000 mark, triggering an abrupt leverage flush that liquidated $120 million in long positions within 15 minutes and expanded to more than $810 million across the crypto market over 24 hours.
Bitcoin broke below $82,000 as sudden selling initiated a sharp unwinding of leveraged bets across crypto derivatives markets. Initial reports from Kalshi and Watcher.Guru showed approximately $120 million in long positions were liquidated in just 15 minutes, while Cointelegraph reported over $123 million in total liquidations within an hour. Kalshi perpetual contracts recorded a drop to $81,154, and exchange spot feeds registered Bitcoin slipping below $81,800.[6][7][3][5][10]
The price drop also pulled down major altcoins. The Block reported that Bitcoin dropped 2.7% to $81,382 alongside a 3.4% decline in Ether to $2,423 and a 4.8% drop in Solana, while analyst Crypto Rover reported Ether falling to $2,450. Trader Saanjana Nikita observed that Bitcoin was rejected near the $84,000 level before falling to an intraday low of $80,800 and rebounding back above $83,000 within hours.[1][8][12]
As the downward pressure rippled across the sector, 24-hour market liquidations escalated from $677 million to more than $810 million, wiping out over 170,000 leveraged accounts according to CoinGlass metrics cited by The Block, Crypto Rover, and Saanjana Nikita. Long positions absorbed roughly 85% of the total losses, totaling between $592.76 million and $694.31 million. The largest individual liquidation recorded was a Binance BTCUSDT order valued at $9.65 million.[1][2][4][5][11][13][12]
Key facts
- Bitcoin dropped below $82,000, hitting lows of $81,154 on Kalshi and $80,800 before recovering above $83,000.
- Roughly $120 million in crypto long positions were liquidated within 15 minutes of Bitcoin falling under $82,000.
- Total 24-hour market liquidations grew from $677 million to more than $810 million as losses accelerated.
- Bullish long positions comprised roughly 85% of all 24-hour liquidations, totaling between $592.76 million and $694.31 million.
- Between 146,111 and 174,158 leveraged crypto traders were liquidated over the 24-hour period.
- The largest single liquidation recorded was a Binance BTCUSDT long position valued at $9.65 million.
- Ether declined to between $2,423 and $2,450 during the sell-off, while Solana fell 4.8%.
Sources · 11 sources
- TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Bitcoin $BTC fell 2.7% to $81,382, and ether $ETH dropped 3.4% to $2,423. $SOL dipped 4.8%. Crypto liquidations amounted to $677 million over the past 24 hours. https://t.co/H1YvmNQ9gU
Open source - TB
The BlockArticle ·
Bitcoin slides below $82,000 as crypto liquidations surge past $770 million Crypto liquidations amounted to $771 million over the past 24 hours, including $685.6 million in long positions.
Open source - CO
Cointelegraph@CointelegraphPost on X ·
🚨 JUST IN: Over $123M liquidated in the past hour, with $119.78M in longs wiped out, as bitcoin:native fell below $82,000. https://t.co/XEikV6oLVe
Open source - CR
Crypto Rover@cryptoroverPost on X ·
🚨 HUGE CRYPTO VOLATILITY! Over the past 24 hours, 170K traders were liquidated, with total liquidations reaching $814M. https://t.co/NVoY8u9EoY
Open source - CB
Coin Bureau@coinbureauPost on X ·
⚠️ALERT: Bitcoin falls below $82,000. $119 MILLION in crypto longs wiped out in the past hour. The biggest single liquidation in the past 24 hours was a $9.65 MILLION $BTC long, per CoinGlass. https://t.co/SRHnfTVAWt
Open source - KC
Kalshi Crypto@Kalshi_CryptoPost on X ·
BREAKING: Bitcoin bitcoin:native drops below $82,000 as $120M in crypto longs are liquidated in the 15 minutes https://t.co/9mEIJxE68a
Open source - WG
Watcher.Guru@WatcherGuruPost on X ·
JUST IN: Bitcoin falls under $82,000 $120,000,000 worth of crypto longs liquidated in the past 15 minutes. https://t.co/tTVllJjcwT
Open source - CR
Crypto Rover@cryptoroverPost on X ·
BREAKING: $BTC just fell below $82,000. $ETH dropped to $2,450. $200 million worth of longs liquidated in the past 4 hours. The leverage flush isn't stopping… https://t.co/yANrSlpKo4
Open source - MN
Mario Nawfal@MarioNawfalPost on X ·
🚨 BITCOIN IS TAKING A NOSEDIVE Bitcoin reportedly dropped off a cliff to below $82,000, with $120 MILLION in crypto long positions allegedly LIQUIDATED in just 15 MINUTES. Traders betting on a rally are getting CRUSHED as the sell-off busts up bullish bets. Source: @WatcherGuru / Writer: Marie
Open source - CB
Crypto BriefingArticle ·
Bitcoin falls below $82,000 as $120 million in crypto longs get liquidated The rapid liquidation highlights the volatility and risks of leveraged trading, potentially deterring cautious investors and impacting market stability. The post Bitcoin falls below $82,000 as $120 million in crypto longs get liquidated appeared first on Crypto Briefing .
Open source - WI
Whale Insider@WhaleInsiderPost on X ·
JUST IN: 174,158 crypto traders liquidated in the past 24 hours. https://t.co/yH6q5HSHN9
Open source - SN
Saanjana Nikita@Saanjana_NikitaPost on X ·
bitcoin got rejected at $84k again this morning dropped to $80.8k, then bounced back above $83k within hours. this market moves fast one thing i noticed: the low was $80.8k, higher than the previous low at $80.4k. bulls are still trying, but they're under pressure and the damage? over $800m liquidated in 24 hours. around 85% were longs. nearly 174k traders got wiped out, including one $9.6m position on binance too many people were betting on a move up with leverage before btc had actually confirmed anything i'm not calling this a trend reversal yet. could just be another shakeout before the next move $84k is still the level i'm watching. until btc can close above it, i'd be careful with leverage just sharing what i'm seeing.
Open source - WI
Whale Insider@WhaleInsiderPost on X ·
JUST IN: $694 million in long positions liquidated from the cryptocurrency market in market in the past 24 hours. https://t.co/wtj3ArcPvL
Open source