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by: xpoolPosted on: June 1, 2025

Over $689 Million in Crypto Positions Liquidated: Market Correction Exposes Leverage Risks

The crypto market experienced a sharp correction on May 31, 2025, with over $689 million in positions liquidated within a 24-hour period. Data compiled from Phoenix Group indicates that 267,877 traders were impacted by volatile price movements and high leverage practices across major exchanges like Binance, Bitrue, Bybit, and OKX.

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  4. James Wynn’s $75 Million Bitcoin Bet: Leveraged Long Position Raises Market Pulse
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