Crypto Bulls Rack up $600M Liquidations as Bitcoin Drops Under $104K

coindesk.com/markets/2025/05/31/crypto-bulls-rack-up-600m-liquidations-as-bitcoin-drops-under-104k

Crypto markets saw a wave of liquidations in the past 24 hours as bitcoin (BTC) prices slipped under $104,000, triggering over $600 million in forced closures of bullish futures positions to mark the highest losses since February.
A total of $688 million in liquidations hit traders, with…

This story appeared on coindesk.com, 2025-05-31 09:31:12.
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