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Bitcoin falls nearly $2,000 in 20 minutes as $400 million in longs get liquidated
Crypto Briefing ·
Crypto Briefing reports: Bitcoin dropped nearly $2,000 in about 20 minutes, and roughly $400 million in leveraged long bets went up in smoke along the way. On October 6, 2026, Bitcoin slid more than 5% intraday. It fell from approximately $71,765 to $67,895, its lowest point since April of this year. According to Coinglass data, about $394 million in positions were liquidated within a single hour. Of that total, around $384 million came from long positions, meaning traders betting that…