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Stock impact report

Bitcoin slides below $93,000 as $680 million longs are liquidated [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
The move underscores the market's fragile footing despite signs that late-2025 sell pressure is beginning to ease. The world's largest cryptocurrency is retreating from a recent push toward the mid-$90,000s. CoinGlass data showed more than $680 million in crypto positions were liquidated over the past 24 hours, with roughly $600 million coming from long positions, a sign that bullish positioning had become crowded following the rally. Alts were hit hard during Asia's Monday morning trading, with SOL down 6.7%, SUI down 10%, and ZCash down 10%. Elsewhere, gold continued its climb, up 1.7% to $4600 amid a new 10% tariff on Denmark and seven other European countries until “a deal is reached for the complete and total purchase of Greenland.” According to Glassnode's weekly report , bitcoin's advance toward $96,000 was largely "mechanically" driven by derivatives flows, including short liquidations, rather than by sustained spot accumulation. The on-chain analytics firm noted that Show less Read more
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