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Binance Bitcoin Spot Bids Near $80,000

Glassnode's Oct. 14 snapshot shows Binance's largest Bitcoin spot bids near $80,000, above a modeled long-liquidation cluster. If bids are pulled or consumed, forced selling could push Bitcoin toward $78,000. Bitcoin's realized losses have dropped 85% from their Aug. 12 peak, and the market faces a test near $80,000 with concentrated leveraged positions.

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