BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Bitcoin

Bitcoin Drops From $111K ATH, Triggering $560M in Liquidations

by Abimbola Adu
May 24, 2025 - 2:27 pm
in Bitcoin, Sticky
png 553

Bitcoin’s Pullback from $111K ATH Triggers $560M Liquidations

Bitcoin (BTC) flashed its volatility once again, falling from its all-time high (ATH) at $111,970 to around $107,000 on May 23 before rising modestly to $109,231. The sudden dip prompted huge liquidations in crypto futures markets totaling over $560 million.

According to Coinglass figures, the decline resulted in the liquidation of 160,905 traders on major exchanges, with longs taking most of the loss.

Breakdown of Liquidated Positions

All $563.20 million worth of liquidated positions were dominated by longs, which took up $418.63 million. Shorts made up the remaining $144.35 million. The biggest single liquidation order was a BTC-USDT on OKX for $9.53 million.

Bitcoin traders were hit the hardest, with liquidations of $153.04 million, followed by Ethereum (ETH) at $144.19 million. Most of the liquidations in both assets took place on long positions.

Trump’s Trade War Threat Spooks Market Further

The price decline was followed by comments from U.S. President Donald Trump, in which he threatened to impose more tariffs on the European Union and Apple. The action spooked markets, especially risk-on assets like Bitcoin and Ethereum.

ETH fell from $2,731 highs to $2,508 lows, before rebounding to $2,574. The broader market reacted similarly, which highlights crypto’s sensitivity to geopolitical and macroeconomic signals.

Relative Strength of Bitcoin Still Intact

Followed by the volatility, Bitcoin’s breakout above $109K is still an indicator of strength. Having broken its prior ATH in November, coinciding with Trump’s inauguration, BTC has been resilient despite market volatility.

This resiliency is likely driven by the growing perception of Bitcoin as “digital gold.” Institutional and retail investors both increasingly view BTC as an inflation hedge and acceptable replacement in the case of macro instability.

Conclusion
The recent wave of liquidations confirms the risk-on nature of crypto markets. Yet, the relative resilience of Bitcoin indicates its evolving role as a safe-haven asset amid escalating global tensions.

Tags: Regulation
Abimbola Adu

Abimbola Adu

Abimbola Adu is a crypto content writer with a background in English studies. She is keen on enlightening others about cryptocurrency and blockchains. She enjoys writing poems and spending time with family.

Related Posts

blockchain

Spacecoin Executes First Blockchain Transaction Through Space

October 1, 2025

Spacecoin has achieved the first-ever blockchain transaction through space using a nanosatellite, marking a milestone for decentralization and...

Wall Street financial district with Bitcoin symbol representing institutional adoption

Bitcoin skepticism fades as nations gear up for adoption, says Samson Mow

September 28, 2025

Samson Mow predicts nation-states will move from skepticism to rapid Bitcoin adoption, fueling global FOMO and a rush...

PYTH token price soars as Trump administration selects blockchain oracles for economic data

Crypto Daily: UK Finance Tokenized Deposits Pilot, BlackRock Bitcoin Yield ETF, Hashdex Expands Crypto Index

September 26, 2025

UK Finance pilots tokenized sterling deposits, BlackRock files Bitcoin Premium Income ETF, and Hashdex expands crypto ETF with...

Ethereum and Bitcoin logos representing their fee incomes over the past year.

SharpLink to Tokenize Nasdaq-Listed SBET Shares on Ethereum

September 25, 2025

SharpLink partners with Superstate to tokenize SBET shares on Ethereum, aiming to pioneer compliant equity issuance and future...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service