#TrumpVsMusk

#Liquidation

$BTC

🧨 $970 Million in Liquidations in 24 Hours

Over the past 24 hours, the crypto market witnessed approximately $970 million in liquidations.

**$854 million** (≈ 88%) were long positions, including $346 million from Bitcoin .

Other assets like Ethereum, Solana, and XRP also suffered significant liquidations .

⚠️ Comparison to Earlier Events

On June 5, an abnormal one-hour liquidation spike occurred: ~$5.5 million in Bitcoin long liquidations—95% from longs .

The Trump–Musk feud triggered about $1 billion in crypto liquidations, heavily impacting BTC and ETH longs .