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by: xpoolPosted on: May 23, 2025

Crypto Market Plunges Amid $542 Million Liquidations as Bitcoin Drops Below $109,000

Bitcoin’s recent surge reached new highs before a significant drop below $109,000 triggered widespread cryptocurrency liquidation. CoinGlass data reveals over $542 million in liquidations across the market within the past 24 hours. This drastic downturn led to substantial losses for long-term traders who anticipated continued bullish momentum, totaling $402.25 million in losses.

Related posts:

  1. Bitcoin Price Volatility Could Trigger Large Liquidations on Exchanges
  2. Crypto Market Suffers $298 Million Liquidation in 24 Hours
  3. Bitcoin Shorts Face Risk of $1.5 Billion Liquidation Near $115K
  4. Bitcoin’s Critical Liquidation Threshold Nears as Market Volatility Rises
Bitcoin Cryptocurrency Liquidation

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