Bitcoin News: Bitcoin Liquidations Hit $1.7B as BTC Price Falls to $112K — What’s Next?
Bitcoin (BTC) fell to $112,000 on Sept. 22, marking one of the sharpest drops in weeks and fueling the largest long liquidation event of 2025. Data from CoinGlass shows more than $1.7 billion in crypto positions were liquidated in 24 hours, with longs making up $1.62 billion.
The sudden downturn erased nearly $2 billion in open interest, shaking confidence just as the market was gearing up for a new monthly close.
