Bitcoin traded at $83,004.44 in the latest market update, extending its gain for the day above the $83,000 level.
Bitcoin briefly fell near $81,000 before recovering above $82,000. Ether dropped below $2,500 as multiple crypto sectors posted losses.
Real-world asset tokens fell 6.94% over 24 hours, while Ether dropped below $2,500 as losses spread across major crypto sectors.
The figure is more than nine times the $1.28 billion in open interest for contracts expiring Oct. 16, when puts outnumber calls.
The forced liquidation occurred in an OKX Bitcoin perpetual futures contract at 10:11 p.m. ET on Oct. 12.
The Ether purchases totaled about $69.68 million at an average price of $2,534. The Bitcoin was converted into USDC before the funds moved across networks.
A UK High Court ruling in the 61,000 BTC Qian Zhimin case leaves a key question open: whether victims can appeal over property rights to the bitcoin.
Holdings reached 4.27 million BTC by Oct. 11, while momentum buyers returned in September for the first time since January.
Bitcoin fell 2.9% in 24 hours to $81,510, while Ether dropped 4.8% to below $2,425 as long positions bore most of the losses.
Bitcoin rose 0.96% over the past hour, reaching $82,142 on the Binance spot market at 10:19 a.m. ET on Oct. 13.
The position covers 124.24 BTC worth about $10.14 million and has a liquidation price of $83,432.22.
BOME, BLUR and STRK posted 24-hour losses of more than 28%, while Bitcoin slipped below the key price level late Monday.