Bitcoin Bleeds Into the $90K Zone While Realized Losses at $860 Million and Speculators Exit the Market

By Coin Edition
13 days ago
GREED BTC MM WOULD CIN
  • Bitcoin around $90K trades in an $88K liquidation cluster with up to $829M in long positions at risk
  • Bitcoin derivatives contracts across major exchanges are down about 30% from this year’s peak as fear climbs
  • Realized losses hit $860M on November 17, marking a second panic wave even as some traders eye value zones

Bitcoin dropped below $90,000 in the early hours of Tuesday, November 18, amid extreme fear, according to data from the Fear and Greed Index, leaving investors worried, with many users considering it a buying opportunity. 

Why BTC Is Trapped in a High-Liquidation Zone

Meanwhile, at the current price, the cryptocurrency trades within a crucial region where significant movements in the upward or downward direction could cause massive liquidation.

According to data from Coinglass, the cumulative long liquidation intensity of mainstream CEXs would re…

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