Bitcoin slides to $60K as 24-hour liquidations reach $1.76 billion

86% Long Liquidation Wave Exposes Bitcoin’s Breakdown Below $68K as ETF Pressure Builds

Bitcoin fell to $67,521 from $74K in 48 hours as $2.3B May ETF outflows and $674M long liquidations (86%) triggered cascade. Persistent ETF redemptions and leverage unwinding expose structural fragility in spot demand, signaling execution risk for institutional allocations.