Post #11508

Bitcoin Dips Below $88K, Triggering Over $1B in Liquidations Bitcoin experienced a sharp pullback, briefly dropping below $88,000 on January 20-21, resulting in over $1B in liquidations across the crypto market within 24 hours. According to Сoinglass, Hyperliquid led the exchanges with $297M in liquidations, followed by Bybit with $212M and Binance with $175M. Bitcoin accounted for $380M in liquidations, with Ethereum at $352M and Solana at $39.6M being the top affected assets The sudden drop coincided with geopolitical tensions as President Trump made controversial statements about Greenland and potential territorial expansion, creating uncertainty in risk markets. Data source 🔗Coinglass Follow us to be on top of crypto: TG | Chat | X