$716,048,289 in Bitcoin, Ethereum and Other Crypto Assets Liquidated in 24 Hours As BTC Dips to New 2025 Low
The crypto markets are witnessing a massive surge in liquidations as Bitcoin (BTC) suddenly drops to a new 2025 low, dipping below $90,000 for the first time this year.
New data from market intelligence platform Coinglass shows traders saw liquidations during the last 24 hours to the tune of $716.05 million, mostly by those betting long on Bitcoin and Ethereum (ETH).
The flagship crypto asset dipped to a 2025 low of about $89,800 on Monday before returning to the $90,000 range. Bitcoin is trading for $91,701 at time of writing, down 3.5% in the last 24 hours.
Meanwhile, ETH is trading for $3,019 at time of writing, down 8.1% in the last 24 hours.
Several popular analysts are weighing in on Bitcoin after the sudden market…
