Home / General / Bitcoin Loses $106K as Bullish Crypto Bets Rack up $800M in Liquidations

Bitcoin Loses $106K as Bullish Crypto Bets Rack up $800M in Liquidations

Bitcoin accounted for roughly $344 million in losses, followed by Ether at $201 million, and Solana (SOL) at $97 million.

Bitcoin dropped below $106,000 in early European hours Friday as leveraged traders once again faced heavy losses, with nearly $1.2 billion in crypto positions wiped out over the past 24 hours.
Data shows that most of the damage came from long positio… [2065 chars]

Source: CoinDesk | Published: 2025-10-17T08:37:18Z

Credit: CoinDesk

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