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Bitcoinâs $16,700 drop on Friday triggered $5B in futures liquidations, exposing a fragile market structure and renewed volatility despite this yearâs spot BTC ETF-driven optimism.
Key takeaways:
Fridayâs Bitcoin price crash shows volatility persists in the spot BTC ETF era, with leverage and liquidity stress amplifying losses.
Liquidations hit $5 billion as portfolio margin systems failed, highlighting risks of illiquid collateral assets.
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