$1.2B Liquidated as Bitcoin Tests $62.5K Support Amid Sharp Crypto Selloff

04-Jun-2026 Bitcoin.com
Bitcoin price chart on Wednesday evening.Bitcoin hovered under the $63,000 mark late June 3 after a steep selloff erased more than $1.2 billion in leveraged crypto positions during the past 24 hours. Data from Coinglass shows total liquidations reached approximately $1.12 billion over the last day, with long traders absorbing the overwhelming majority of the damage. Nearly $949 million in […]
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