Over $233M in crypto long positions were liquidated in just 4 hours as Bitcoin dropped from $74K to $71K, part of a broader $334M 24-hour liquidation wave.

Bitcoin fell to $59,227 as a strong US jobs report triggered $172M in BTC long liquidations within an hour, with total crypto liquidations reaching $1.6

A fast bitcoin rebound toward $64,000 wiped out about $320 million in crypto short positions in just 15 minutes, flipping weeks of long liquidations.