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    Home»Bitcoin»$100,000 Bitcoin at Threat as $878 Million Liquidation Tsunami Triggers Crypto Massacre
    0,000 Bitcoin at Threat as 8 Million Liquidation Tsunami Triggers Crypto Massacre
    Bitcoin

    $100,000 Bitcoin at Threat as $878 Million Liquidation Tsunami Triggers Crypto Massacre

    By Crypto EditorJune 23, 2025No Comments2 Mins Read
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    There’s been a little bit of a market shakeout over the previous 24 hours, with $876 million in leveraged positions being worn out throughout the crypto house. This has pressured greater than 227,000 merchants out of their positions and dragged Bitcoin near dropping its six-figure deal with, in accordance with CoinGlass.

    The timing wasn’t random. Bitcoin’s value construction broke down in late buying and selling, inflicting a painful drop that minimize by key ranges with none resistance nearly in any respect. In simply minutes, BTC fell from round $102,800 to simply above $100,000, triggering a brutal collection of pressured liquidations. Bitcoin has recovered a bit, nevertheless it’s nonetheless just a bit above $100,000.

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    0,000 Bitcoin at Threat as 8 Million Liquidation Tsunami Triggers Crypto Massacre

    In the intervening time, $100,000 is a very necessary technical and psychological degree for Bitcoin. If it drops under that, it might imply extra losses, particularly if confidence stays low and there is extra promoting strain within the subsequent session. Particularly when conventional markets will open.

    Article image
    Supply: CoinGlass

    A lot of the injury got here from lengthy liquidations, which accounted for $777.56 million — about 89% of the full. This exhibits how a lot the market had been tilted towards bull bets.

    Alternatively, quick positions noticed $98.85 million go down the drain. Think about a 8 to 1 ratio — that is absurd, however it’s what it’s.

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    Title news

    Ethereum topped the record with $356.54 million in liquidated positions, with Bitcoin shut behind at $192.89 million. SOL and XRP got here in behind that with $45.47 million and $32.91 million, whereas the remainder of the altcoin house added simply over $93 million in complete.

    The most important single liquidation was on HTX: A $9.15 million ETH-USDT place gone in a blink.



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