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$670 million in leveraged Bitcoin positions were liquidated as price fell below $80,000

10,155 posts · 5,784 accounts · -10% vs the day before

  • $670 million in leveraged BTC positions were wiped out within 24 hours as price dropped below $80,000, wiping out over 210 k traders, mostly on the long side[48]
  • Cardone Capital acquired another 16 BTC at $80,000, adding $1.28 million to its holdings, following a prior $5.3 billion purchase of the same amount[58][38]
  • Bitcoin slid to a 24‑hour low of about $79,120 before rebounding to $80,790, with the dip linked to U.S. evacuations in the Middle East[17]
  • The Bitcoin network hash rate and mining difficulty are described as going “parabolic,” signaling rapid growth in mining activity[4]
  • Peter Schiff declared Bitcoin is “finally breaking down” after it fell below $80,000[34]
  • Michael Saylor posted a “quiet word about Bitcoin,” indicating continued attention from high‑profile investors[33]

Posts cited

  1. [4] Crypto Rover · @cryptorover ·

    BOOM 🚀 Bitcoin Hashrate and Mining Difficulty are going parabolic. This is extremely good for $BTC!

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  2. [17] OMBI. ❖ØNÊ-ŒĄ.Nacci · @councilshiba ·

    Bitcoin slid below $80,000 on Saturday as crypto came under weekend pressure tied to U.S. evacuations in the Middle East, per CoinDesk. By 10 PM MST it was back near $80,790, after a 24-hour low of about $79,120. Markets are pricing Sunday's "attack or deal" deadline.

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  3. [33] Michael Saylor · @saylor ·

    A quiet word about Bitcoin.

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  4. [34] Polymarket · @polymarket ·

    JUST IN: Peter Schiff declares Bitcoin is “finally breaking down” after it plunged below $80,000.

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  5. [38] Bitcoin Magazine · @bitcoinmagazine ·

    NEW: $5.3 billion Cardone Capital bought 16 BTC worth $1.28 million on this dip! 🚀

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  6. [48] Whale Meta · @whalemetaa ·

    JUST IN : The crypto market just witnessed a massive liquidation wave! $BTC fell below $80,000 as nearly $670M in leveraged positions were wiped out within 24 hours. More than 210K traders were liquidated, mostly on the long side.

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  7. [58] Grant Cardone · @grantcardone ·

    CardoneCapital acquires another 16 BTC at $80,000

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Written by an AI model from public posts; it can be wrong. Check the sources.

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