🚀 Nearly half a billion in bullish crypto bets were liquidated as the market buckled under geopolitical pressure. Data from CoinGlass shows that 86% of traders are bullish going into October. 📈

Futures tied to major tokens saw over $450M in long liquidations in the past 24 hours. Bitcoin traders betting on higher prices lost over $122M, while ether bets lost nearly $100M. Altcoins recorded over $85M in liquidations, with memecoin PEPE seeing an unusually high $10M.

Global equities and risk assets like bitcoin took a hit as geopolitical tensions rose. BTC slid to $60,300 before recovering above $61,500. Is this a market turning point? Share your thoughts! 💬