Bitcoin Volatility: $324M Long Position Liquidations Trigger Price Fluctuations
ByBullRush
Friday, Jun 6, 2025 5:10 am ET1min read
BTC--
Bitcoin recently experienced significant volatility, with $324 million in long-position liquidations following a clash between Elon Musk and Donald Trump. The nearest support for the STHSTHH-- Realized Price is at $97.5, affecting both long and short holders. Market stability in the coming weeks will be crucial as it recovers from this major liquidation event. Traders will closely monitor the balance between buying and selling to gauge future price movements.
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