Bitcoin Plunges to 12-Day Low With $1 Billion Liquidated in 20 Minutes
The sharp drop marks the largest liquidation cascade of 2025, wiping out significant leveraged positions in minutes.
BTC
Summary
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Terms & Concepts
- Liquidation Cascade: A rapid sequence of forced position closures in leveraged trading, often causing accelerated price declines.
- Leveraged Position: A trading position that uses borrowed funds to increase market exposure, amplifying both potential gains and losses.
- Bitcoin: The first and most widely recognized cryptocurrency, operating on a decentralized blockchain network.