Bitcoin (BTC) Long Liquidations Hit $930 Million in 90-Day High Forced-Close Cascade

More than $1 billion in crypto longs was liquidated in 24 hours as Bitcoin dipped to $80,393 before recovering near $82,000 on Thursday. This 90-day high forced-close cascade saw $930 million in Bitcoin long liquidations alone. The sharp price drop triggered widespread liquidations, highlighting market volatility and leverage risks.