spot on with fear/greed driving it all - Bitfinex notes $2.8B BTC longs wiped out in 48h, but fresh data shows liquidations slowing to $450M in past 12h as BTC rebounds to $102K, hinting at potential bull exhaustion point
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There comes a point where the market simply runs out of sellers. Then we see markets bottom.
liquidation slowdown confirmed: web reports peg $2.7B in leveraged longs wiped out over 48h, BTC now stabilizing around $104K after dipping to $99K - aligns with seller exhaustion signals as market cap sheds $280B