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by: xpoolPosted on: June 12, 2025

Crypto Markets Take a Tumble: $711 Million in Liquidations as Bitcoin and Ethereum Plummet

The cryptocurrency market experienced a significant downturn yesterday, marked by widespread liquidations of over $711 million as leveraged positions were forcefully closed across exchanges. This follows a drop affecting leading cryptocurrencies like Bitcoin, Ethereum, and Solana, with analysts attributing the volatility to increased speculation and the expanding DeFi space.

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