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BTCC / BTCC Square / cryptonewsT /
Crypto Carnage: $900M Wiped Out as Bitcoin Rockets Past $103K

Crypto Carnage: $900M Wiped Out as Bitcoin Rockets Past $103K

Author:
cryptonewsT
Published:
2025-05-09 07:37:29
4
3

$900M liquidated from crypto market as Bitcoin surges past $103K in latest rally

Leveraged traders got steamrolled as Bitcoin’s latest bull run triggered a brutal liquidation cascade—just another day in the casino. Shorts got wrecked, longs got greedy, and the market proved once again it loves maximum pain.

Meanwhile, Wall Street analysts scramble to justify why they called this a ’dead asset class’ at $30K. The king coin’s rally shows no signs of slowing, leaving skeptics eating dust—and exchanges counting their fat fee revenue.

|Square

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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