Bitcoin dips under $77,000 as 24-hour liquidations hit about $660 million

Bitcoin's drop below $77,000 triggered roughly $660 million in leveraged liquidations over the past 24 hours, with long positions taking most of the losses. The sell-off pushed BTC to an intraday low of $76,696 and wiped out 106,876 traders. In a concentrated 12-hour stretch, forced closures totaled over $618.04 million, while Binance accounted for 45% of liquidations and Bybit logged $104 million.