Bitcoin opened the week under significant selling pressure, with its price declining to approximately $112,000. This sharp downturn triggered over $1 billion in long liquidations across the cryptocurrency derivatives market, marking the most substantial single liquidation event recorded so far in 2025. The sell-off reflects heightened volatility and shifting trader sentiment following a prolonged bullish trend. Market analysts point to a combination of macroeconomic uncertainties and profit-taking behaviors as primary catalysts behind the move. While the drop has introduced short-term bearish momentum, on-chain metrics indicate that long-term holder accumulation remains steady. Traders are closely monitoring support levels and open interest changes to gauge potential market recovery. The event underscores the inherent risks and leveraged nature of crypto trading, reminding participants of the importance of risk management strategies in highly volatile conditions.
