coin-img-ETHETH-4.67%coin-img-BTCBTC-2.60%coin-img-SOLSOL-7.09%coin-img-XRPXRP-2.36%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+0.45%coin-img-DOGEDOGE-5.20%coin-img-HYPEHYPE-6.56%coin-img-ETHETH-4.67%coin-img-BTCBTC-2.60%coin-img-SOLSOL-7.09%coin-img-XRPXRP-2.36%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+0.45%coin-img-DOGEDOGE-5.20%coin-img-HYPEHYPE-6.56%coin-img-ETHETH-4.67%coin-img-BTCBTC-2.60%coin-img-SOLSOL-7.09%coin-img-XRPXRP-2.36%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+0.45%coin-img-DOGEDOGE-5.20%coin-img-HYPEHYPE-6.56%coin-img-ETHETH-4.67%coin-img-BTCBTC-2.60%coin-img-SOLSOL-7.09%coin-img-XRPXRP-2.36%coin-img-USDCUSDC-0.01%coin-img-TRXTRX+0.45%coin-img-DOGEDOGE-5.20%coin-img-HYPEHYPE-6.56%

Bitcoin Drops Below 63,000 as 150M in Longs Liquidated in 24 Hours

Bitcoin fell below 63,000 on June 3, its lowest level since Feb 24, after more than 150M in long positions were liquidated. Market wide liquidations were estimated at 1.1B to 1.8B in 24 hours, with long positions taking most of the losses. US spot Bitcoin ETFs recorded 13 straight trading days of outflows totaling about 4.4B.
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