derivatives

Crypto liquidations hit $550M as Bitcoin price dips below $84K

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Key claims & sources

Summary in preparation.

Market reaction i

BitcoinBTC the event is about this asset

Bitcoin fell 0.6% in the 4 hours after the first headline, after falling 0.4% in the 2 hours before.

$83,688 price at the headline
-0.4% 2 h before
-0.6% 4 h after
-0.6% 12 h after
First headline

49 prices, one every 30 minutes

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 7 09:45
Cointelegraph scoop
Breaks the event: $550M

Has this happened before?

WhenWhat happenedFigure
2 months ago HYPE options activity surges ahead of October 9th expiry event 1 actors in common · 2 news media
2 months ago Hyperliquid Launches Bitcoin Volatility Contract With 5x Leverage event 1 actors in common · 2 news media
2 months ago Ethereum overtakes Bitcoin in open interest on Hyperliquid event 1 actors in common · 3 news media

What could happen next i

Bitcoin above ___ on November 14? Polymarket · settles Nov 14 · $522.2k bet in 24 h
91% 66,000 ▼ 7 pts in 24 h
  • 66,000 ▼7 91%
  • 68,000 ▼86 3%
  • 70,000 ▼43 <1%
  • 74,000 ▼2 <1%
66,000, last 7 days