Bitcoin drops to $77K, triggering $526M in liquidations
Bitcoin's price dropped to $77,000, leading to significant liquidations in the market. Over $526 million in crypto positions were liquidated within an hour, primarily affecting long traders. The volatility over the weekend resulted in total long liquidations exceeding $800 million across major exchanges.
- ▪Bitcoin plunged to $77,000, triggering forced liquidations.
- ▪More than $526 million in crypto positions were liquidated in just one hour.
- ▪The broader weekend volatility event saw total long liquidations exceeding $800 million.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/17200552/how-to-buy-bitcoin-1-800x420.jpeg" alt="Bitcoin drops to $77K, triggering $526M in liquidations" class="w-full aspect-[19/10] object-cover" /> Bitcoin drops to $77K, triggering $526M in liquidations Long traders got wiped out as Bitcoin failed to hold key support, with over half a billion dollars liquidated in a single hour. Share Add us on Google by Editorial Team May. 17, 2026 Bitcoin plunged to $77,000, and the leveraged traders who bet it wouldn’t did not have a good time. Over $526 million in crypto positions were liquidated in just one hour, with the vast majority coming from long positions. What happened Bitcoin had been testing the $79K to $80K resistance zone and failing to punch through.
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