$1B Liquidated as Bitcoin Hits 12-Day Lows, Casting Doubt on ‘Uptober’ Rally

September 22, 2025

Bitcoin (BTC) crashed to 12-day lows below $115,000 on Monday, triggering over $1 billion in liquidations within 20 minutes and marking the largest liquidation cascade of 2025.The sudden price drop generated $1.7 billion in total liquidations over 60 minutes, with $1.01 billion coming from long positions as overleveraged traders faced … 

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