Bitcoin Bloodbath: $370M Liquidations as Corporates Defend $60K

Bitcoin markets suffered a severe deleveraging event overnight, with over $370 million in forced liquidations flushing out leveraged longs as prices tumbled toward the $60,000 threshold.While retail traders capitulated under the pressure of the sudden crypto market crash, corporate treasuries, led by aggressive accumulators like Metaplanet, stepped in to absorb ...