Bitcoin stabilizes at $113,000 amid weak volumes, while Ethereum faces $107 million in liquidations and global crypto market liquidations surge past $413 million in a single day.
Bitcoin held at $113,000 with modest activity, reflecting potential short-term consolidation. Ethereum experienced $107 million in liquidations, adding to pressure from BlackRock’s recent sale of 72,000 ETH. The global crypto market saw $413 million liquidated in the past 24 hours, with $78.43 million in long positions and $334 million in shorts. Bitcoin liquidations totaled $44.99 million, highlighting ongoing volatility in leveraged trading.