Bitcoin slides toward $82.5K as over $2.4 billion in crypto liquidations hit longs

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Bitcoin fell toward $82,500 as a broad crypto sell-off triggered more than $2.4 billion in liquidations, predominantly among leveraged long positions. The forced unwinds amplified downward price pressure and underscored how crowded bullish bets can deepen volatility. For Bitcoin, the episode signals heightened near-term risk while leverage is being flushed from the market.

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