Kalshi Crypto Reports $180M Long Liquidations on June 18 Amid Bitcoin Volatility

BTC1.37%
According to Kalshi Crypto, $180 million in crypto long positions were liquidated in one hour on June 18. The liquidation event demonstrates how quickly leverage can unwind when Bitcoin loses key support levels. When long traders are forced out, exchanges automatically sell collateral, accelerating downward price pressure and pushing Bitcoin toward lower liquidity zones before buyers can intervene.
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