From Record High to Rapid Crash: $1B in Crypto Positions Liquidated in 24 Hours
August 15, 2025 · 12:08 PM
In the last 24 hours, over $1 billion in leveraged crypto positions were liquidated due to a sudden market reversal caused by higher-than-expected U.S. inflation data. Bitcoin reached a new all-time high of over $123,500 but then lost momentum. Despite this volatility, analysts are optimistic about the market's fundamentals, growing institutional interest, and improving global regulatory clarity.
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