Crypto Market Hit by Liquidation Wave

🔴On June 13, Bitcoin sharply dropped below $103,000, triggering a massive wave of liquidations in the derivatives market. Daily losses totaled $1.14 billion, with over 91% coming from long positions. Market pressure intensified amid external factors fueling uncertainty and risk aversion.

🔴The largest liquidation occurred on Binance in the BTC/USDT pair, exceeding $200 million. Nearly 247,000 traders were affected in total. Market participants note that the unstable macro environment remains a key trigger for short-term volatility and rapid price movements.