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by: xpoolPosted on: August 25, 2025

Bitcoin Plunges Below $111K: $500M in Liquidations Trigger Market Shock

On August 24, 2025, Bitcoin experienced a significant drop, plummeting from approximately $117,000 to $111,000. This rapid decline triggered over $500 million in cryptocurrency liquidations, primarily affecting long-position holders on platforms like Binance and Coinbase.

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