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Bitcoin's pullback from $111K wiped out $560M in crypto liquidation wave
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Bitcoin Drops From $111K ATH, Triggering $560M in Liquidations
Bitcoin’s Pullback from $111K ATH Triggers $560M Liquidations Bitcoin (BTC) flashed its volatility once again, falling from its all-time high (ATH) at $111,970 to around $107,000 on May 23 before rising modestly to $109,231. The sudden dip prompted huge liquidations in crypto futures markets totaling over $560 million. According to Coinglass figures, the decline resulted in the liquidation of 160,905 traders on major exchanges, with longs taking…
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