Bitcoin drops toward $92,000-$93,000, wiping out $790 million longs as traders eye $80K
SINGAPORE, Jan 20, 2026, 16:43 (SGT) Bitcoin’s slide toward $93,000 sparked a massive purge of leveraged bullish bets, wiping out roughly $874 million in crypto positions in the last 24 hours, according to CoinGlass data reported by NewsBTC. Long positions — wagers on a price increase — made up about $788 million of that total. (NewsBTC) The move is grabbing…