# Bitcoin Long Liquidations Reach $280 Million as Price Dips Below $84K

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/23351
Published: 2026-09-23T15:41:46.000Z
Updated: 2026-09-23T15:41:46.000Z

Bitcoin (BTC) long liquidations reached $280 million over four hours on Sept. 23 as the cryptocurrency briefly fell below $84,000, adding pressure to leveraged positions.

The decline came after BTC/USD made a second attempt to move above $87,000 before reversing toward its weekly low around the U.S. stock market open. Bitcoin traded within a narrow range, with $84,000 and $87,000 marking its lower and upper boundaries.

The $82,000 level emerged as a key support area if the short-term market structure breaks down. A break below $82,000 could put the $60,000-$80,000 range back in focus.

Bitcoin’s 30-day cumulative spot demand remained negative at 180,000 BTC below zero as of Tuesday. Negative readings indicate that supply exceeded demand over the period, while futures demand continued to increase.