
Bitcoin Falls Below $80,000 and Longs Absorb Over 90% of the Losses
Longs took more than 90% of Saturday's liquidations as bitcoin traded under $80,000. Two readings of the same dashboard disagree on the total.
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Longs took more than 90% of Saturday's liquidations as bitcoin traded under $80,000. Two readings of the same dashboard disagree on the total.

Phantom US users can buy Kalshi event contracts in its app from Friday at two cents each. Accounts of the launch differ on what can fund a trade.

Thursday's outflow wiped out a three-session inflow run and put the month's net flow back below zero. Four liquidation readings do not line up.

Three sessions brought about $1.08 billion into US spot bitcoin funds. By Thursday morning the price had given back Wednesday's high and sat under $82,000.

US spot Ether ETFs have shed $1.08 billion since 1 October, erasing September's inflows, while bitcoin funds took in about $550 million across two sessions.

BlackRock's fund took in $665 million on Monday, its largest single day in a year. Bitcoin still could not hold $82,000 on Tuesday morning.

About $51.6 million of leveraged bets on chip-linked perpetual contracts was closed out in ten minutes, with no live share price for them to follow.

US spot ether funds shed about $320 million in the week to 16 October, more than the $228 million out of bitcoin products. Friday's bitcoin figure has two tallies.

September producer prices rose 1.3% on the month. A day later bitcoin was back above $82,000 and the odds of an October rate increase had fallen.

The index provider will apply the test from its November review. The final list of affected companies lands on 11 November and changes take effect at the close on the 30th.

CoinGlass data cited by two outlets puts longs at 91.7% of Thursday's liquidations. The total itself is reported four ways, and bitcoin traded near $80,700.

Headline CPI came in at 3.7% and core at 2.6%, both a tenth above consensus. Bitcoin fell about $1,000 within minutes and lost $82,000 by the equity open.