🚨 UPDATE: Over $2 BILLION in Bitcoin Longs Liquidated in 4 Days as BTC Falls to $89,000
Over the past four days, the Bitcoin market has experienced one of the largest long liquidation events of this cycle.
More than $2 billion in long positions were wiped out as Bitcoin sharply declined to the $89,000 level.
📉 What’s actually happening?
This is not just a normal price pullback. It’s the result of:
Excessive leverage building up while BTC traded sideways at elevated levels
Overconfidence in the “buy-the-dip” mindset
A necessary market reset to flush out weak leverage
Once key short-term support levels broke, forced selling from liquidations accelerated the downside move.
🧠Key point: This is not a cycle-ending signal
No structural negative news
No mass capitulation from long-term holders
On-chain data suggests selling pressure is coming primarily from leveraged traders, not conviction-based investors
In other words:
👉 Price is falling due to market structure, not weakening belief in Bitcoin.
đź“Š What does $89,000 represent?
A healthy retest after an overheated market
A necessary “cleansing” phase for stronger consolidation
A level where leverage resets, volatility cools, and patience is rewarded
🔥 Bitcoin isn’t broken. Leverage is.
Historically, major Bitcoin long-liquidation events tend to:
Reset funding rates
Clean up market excess
Set the stage for the next phase of the trend
The real question isn’t “Is Bitcoin over?”
It’s who remains standing after the leverage gets flushed out. 💥📉
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