Huo Xing Finance reports that on May 18, following Bitcoin's sudden crash below $77,000, $527 million in total positions were liquidated within an hour, with $510 million from long positions. Ethereum declined even more sharply, briefly falling below $2,100 and currently trading at $2,127, recording a 2.33% drop in one hour.
Bitcoin flash crash triggers $527 million in global liquidations within one hour
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Bitcoin news broke on May 18, 2026, as Bitcoin plunged below $77,000, triggering $527 million in global liquidations within one hour—$510 million of which came from long positions. Ethereum also dropped sharply, briefly falling below $2,100, and is now at $2,127, down 2.33% in one hour. Bitcoin analysis indicates the rapid decline caught many off guard, with leveraged traders hit the hardest.
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