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by: xpoolPosted on: August 16, 2025

Bitcoin Price Plunges Below $118K: $1.89 Billion in Long Positions Liquidated

The cryptocurrency market experienced a significant downturn as Bitcoin’s price dropped below $118,000, resulting in the liquidation of over $1.89 billion from long positions across various exchanges like Binance. This event marked a notable shift toward bearish sentiment and triggered defensive trading strategies among investors.

Related posts:

  1. Bitcoin Price Drops Below $100K Amidst Bearish Signals
  2. Bitcoin Faces Potential $96K Drop: Head and Shoulders Pattern Signals Bearish Trend
  3. Peter Brandt Forecasts Major Bitcoin Price Drop, Raising Concerns Among Traders
  4. Bitcoin Analyst Warns of Potential Bearish Trend as Prices Surge
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