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Bitcoin Slips as 4,000 BTC Liquid Sidechain Exploit Sparks Deleveraging

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The Story

News Summary

  • Liquid sidechain suffered a ~4,000 BTC loss, prompting a bridge halt and transfer freezes.
  • Market pressures compounded via Binance futures deleveraging and movements of stolen funds, while rising institutional ETF inflows and strong holder support near $83,000–$86,000 mitigate broader structural downside.
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BTCUSD price history

75624.72 +15.04% over the displayed period

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