Bitcoin Holds Above $83,000 as Crypto Long Liquidations Reach $408 Million

Bitcoin traded between $82,563 and $84,381 to hold above $83,000, limiting its daily decline to 1.14% amid widespread market turbulence. Total crypto liquidations hit $511 million across 24 hours, affecting 128,000 traders, with long positions accounting for $408 million of the wipeout. Earlier in the day, a single $6.54 million Bitcoin long perpetual futures position was liquidated on Binance as the price hit $83,095. Across the broader market, Ether gained 0.11% to $2,676 while the Crypto Fear and Greed Index dipped to 73.