CoinDesk, May 24: 1. Bitcoin falling below $75,000 triggered nearly $1 billion in liquidations; 2. Mark Connors: Bitcoin may enter a new phase of outperformance against traditional assets; 3. XBIT DEX: The probability of Bitcoin reaching $150,000 before December 31, 2026, is 9.5%; 4. An unknown wallet transferred 308,269,342 USDT, valued at approximately $307,899,560; 5. Ma Ji Huang Licheng: Increased long positions in ETH by 1,000 tokens; 6. Betting on BTC to outperform alts: HYPE short position increased by 18,335.66 BTC, current P&L exceeds $2.6 million; 7. Loracle: HYPE short position’s unrealized loss expanded to $27.086 million; 8. Suspected HYPE listing insider info: 'HYPE Long Position TOP 1'—HYPE long position’s unrealized profit narrowed to approximately $29.94 million; 9. Top altcoin bear: 'Multi-coin Short Position TOP 1'—TON short position has been fully closed, with prior position size exceeding $1.03 million; 10. ZEC’s largest short: BRENTOIL’s short position unrealized profit expanded to $1.26 million.
Bitcoin Drops Below $75,000, Triggering Nearly $1 Billion in Liquidations
币界网Share
Summary
Bitcoin news: On May 24, 2026, the Bitcoin price fell below $75,000, triggering nearly $1 billion in liquidations, according to BitJie. Mark Connors predicted that Bitcoin will outperform traditional assets. A large transfer of 308,269,342 USDT, valued at $307.8 million, was also recorded.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.