$100 Million in Bitcoin and Crypto Longs Liquidated Amid Price Drop

Crypto markets faced severe volatility as Bitcoin dropped to $91,000, resulting in $4.5 billion in total liquidations over the past week according to Crypto Briefing. The latest wave saw $1 billion liquidated in the past 24 hours alone, underscoring heightened risk for leveraged traders. This adds to prior data showing potential hundreds of millions in liquidations from moves above $97,000 or below $95,000, reflecting the sharp and ongoing impact of price swings on leveraged positions across major exchanges.

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