Bitcoin Hits Four-Month Low as Crypto Rout Sparks Over $1B in Liquidations
June 5, 2026 15:41:15 UTC
Ethereum at Risk of $547M in DeFi Liquidations as It Hovers Near Support
Ethereum is trading near key support levels, leaving more than 343,000 ETH—about $547 million—at risk of liquidation across DeFi lending platforms. The heaviest concentration sits between $1,360 and $1,570, where a further drop could force hundreds of millions of dollars in collateral into liquidation.
Data shows roughly 46,700 ETH could be liquidated around $1,565, with another 58,000 ETH vulnerable near $1,555. Larger liquidation clusters appear near $1,426 and $1,362, totaling more than $379 million in combined exposure. Forced liquidations could amplify selling pressure and accelerate downside if ETH breaks below these levels. Traders are monitoring these zones for signs of deepening stress.
June 5, 2026 15:28:17 UTC
Bitcoin Slides to $60,461; 24-Hour Liquidations Exceed $1B
Bitcoin dropped to $60,461 as selling intensified across the crypto market, driving liquidations above $1 billion over the past 24 hours. The move has pushed many leveraged traders out of positions, adding to downside momentum.
Market watchers also point to sizable Bitcoin transfers to exchanges and reported selling as a factor behind the weakness. Broader uncertainty and de-risking have weighed on sentiment across digital assets, underscoring how quickly crypto can unravel when key support levels give way. Traders are now focused on whether Bitcoin can stabilize or if renewed selling triggers another liquidation wave.
June 5, 2026 15:28:17 UTC
Bitcoin Drops 18% in Four Days to Four-Month Low; Liquidations Top $1B
Bitcoin has fallen 18% over the past four days, sliding to a four-month low near $60,500 as selling pressure spread across the cryptocurrency market. The decline triggered more than $1 billion in liquidations in the last 24 hours, forcing many traders out of bullish bets.
The selloff comes amid a broader risk-off tone in financial markets, with investors cutting exposure to volatile assets on concerns about interest rates and economic uncertainty. Bitcoin is also down roughly $13,500 since Strategy disclosed the sale of 32 BTC worth about $2.5 million. While the transaction was small relative to Bitcoin's market, it added to demand and sentiment concerns during an already fragile period.
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