Crypto Slides May 28 as IBIT Sees $527.8M Outflow and Liquidations Hit $936M

On May 28, crypto prices moved lower as Bitcoin briefly dipped under $73,000, alongside declines in Ethereum, Solana, XRP and other majors. The sell-off came with $936 million in 24-hour liquidations and BlackRock's IBIT logging a record $527.8 million single-day outflow. Markets also reacted to heightened Trump-Iran headlines and positioning ahead of $7.5 billion in options expiry.