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Bitcoin Price Falls Below $82K as $406M in Longs Get Liquidated

News.Bitcoin.com
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Bitcoin Price Falls Below $82K as $406M in Longs Get Liquidated

Bitcoin cracked below $82,000 Monday evening, setting off another painful reckoning for leveraged crypto traders. Nearly $489 million in positions vanished over 24 hours, with bullish bets accounting for more than 83% of the damage as the broader market stumbled. Bitcoin’s Slide Wipes Out 118,000 Crypto Traders On Monday, Oct. 12, 2026, bitcoin’s price slipped […]

Key Takeaways

  1. Bitcoin cracked below $82,000 Monday evening, setting off another painful reckoning for leveraged crypto traders.
  2. Nearly $489 million in positions vanished over 24 hours, with bullish bets accounting for more than 83% of the damage as the broader market stumbled.
  3. Bitcoin’s Slide Wipes Out 118,000 Crypto Traders On Monday, Oct.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.