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by: xpoolPosted on: May 21, 2025

Bitcoin’s $106K Surge Ends in Shock: $685 Million Liquidated

A weekend of dramatic price swings has left Bitcoin reeling after a brief surge to over $106,000 on Sunday, its highest level since January. The sudden drop wiped out over $685 million in trading positions across the market. A large, long position opened by a whale on HyperLiquid likely played a key role in this volatility, which triggered rapid price changes and widespread liquidation.

Related posts:

  1. Bitcoin Holds Strong Despite Weekend Market Volatility
  2. Bitcoin Faces Resistance Near $106,000: Analyst Predictions Highlight Volatility
  3. Fed’s Cautious Approach Sparks Volatility in Crypto Markets
  4. Massive $88M Bitcoin Short: 40x Leverage Signals Market Shift
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