Crypto’s Worst Week Since July 2024, Over $1.2 Billion in Positions Liquidated
Bitcoin fell sharply this week, trading near or below the $60,000 psychological level — its weakest prints in months — as the broader market shed significant value.
Ethereum plunged more than 12% on the day in some reports, approaching critical technical support amid the selloff.
Liquidations exceeded $1.2 billion (with some sessions topping $1.7–1.8 billion), overwhelmingly hitting long positions as leveraged traders were flushed...
