Bitcoin briefly fell below $84,000, triggering a wave of long position liquidations. Over a four-hour period, more than $400 million in long positions were liquidated. ETH was trading around $2,600.

A $26.64M ETH/USDC Long Liquidated on Binance

On Binance, a single order liquidated a large trader's $26.64 million long position in the ETH/USDC pair. The order occurred during a period of sharp price movements and widespread long liquidations.