Bitcoin futures liquidated at 267.8 billion won... ETF net outflows for 4th consecutive trading day
Original headline비트코인 선물 2678억원 청산…ETF 순유출 4거래일째
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Bitcoin futures saw $199.56 million in forced liquidations over the prior 24 hours, with longs accounting for $168.26 million and shorts $31.30 million, according to CoinGlass data as of 8:34 p.m. KST on the 11th. The imbalance shows leveraged bullish positioning was caught offside as bitcoin slid to $72,700 before stabilizing near $74,000, CoinDesk reported. The washout matters because it signals crowded long leverage being flushed during a pullback rather than a broad derivatives unwind. Traders will watch whether bitcoin holds the $74,000 area and whether liquidation volumes cool as leveraged exposure resets.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
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Bitcoin (BTC), CoinGlass, CoinDesk, Nasdaq 100
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