Bitcoin dip below $75K triggers $917M in crypto liquidations
Bitcoin's recent dip below $75,000 has led to significant liquidations in the crypto market, totaling approximately $917 million. Long traders were particularly affected, facing around $834 million in forced closures as the price fell through a crucial support zone. Analysts are now closely monitoring the $75,000 to $77,000 range, as failure to maintain this level could lead to further declines.
- ▪Bitcoin dipped below $75,000, triggering about $917 million in liquidations.
- ▪Long traders suffered the most, with approximately $834 million in forced closures.
- ▪The $75,000 to $77,000 range is considered a critical support area for Bitcoin.
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Bitcoin dip below $75K triggers $917M in crypto liquidations Long traders bore the brunt of the carnage, accounting for roughly $834 million of the forced closures as BTC slipped through a critical support zone. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Bitcoin punched through the $75,000 floor, and the derivatives market responded exactly how you’d expect: with chaos.
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