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by: xpoolPosted on: October 17, 2025

Bitcoin Plunges Below $106K: Liquidation Cascade Exceeds $1.2 Billion

Bitcoin saw a significant price drop below the psychologically important $106,000 level on Friday, triggering a cascade of forced liquidations that wiped out nearly $1.2 billion in leveraged positions across cryptocurrency markets. The sell-off began late Thursday after Bitcoin breached $107,000 and exposed the fragility of an overleveraged market fueled by bullish sentiment that proved premature.

Related posts:

  1. Crypto Market Sees Massive Liquidations, Exceeding $216 Million
  2. Over $405 Million Liquidated in Crypto Markets, with Short Positions Hit Hard
  3. Crypto Liquidations Reach $400 Million in Hour, Triggering Market Volatility
  4. Crypto Market Plunge: $19 Billion Liquidated in Record-Breaking Event
Bitcoin Cryptocurrency Liquidation

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