May 4, 2025

Bitcoin Price Plunge Sparks Second Largest Crypto Liquidation Event in History

1 min read

The cryptocurrency landscape has faced significant upheaval today, witnessing the second-largest liquidation event in its history, wiping out nearly $700 million in long positions overnight. As Bitcoin’s value plummeted below the critical $54,000 mark, the market’s vulnerability became apparent, triggering a chain reaction of sell-offs and further liquidations. Market experts are sounding alarms about the

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Source: CoinOtag

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