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by: xpoolPosted on: November 3, 2025

Bitcoin Price Drops 3.8% as $1 Billion in Positions Get Liquidated

Bitcoin’s price dropped below $106,300 yesterday, marking a 3.8% daily decline. Over $1.13 billion in leveraged positions were liquidated within the past 24 hours, according to CoinGlass data, contributing to the market downturn. The sell-off appears driven by several factors: macroeconomic headwinds, ETF outflows, and profit-taking following last week’s slight recovery.

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