Bitcoin dropped from 106,000 dollars to 102,800: 670 million dollars of liquidation in futures

2025 was very active in terms of crypto markets, while Bitcoin (BTC) resigned again with a hard price movement at the weekend. Between 18-19 May, the price of BTC increased to 106,000 dollars and reached one of the highest levels of the year. However, this rise was not permanent. In a short period of time, the price decreased to $ 102,800 and experienced a decrease of over 3 %. This harsh withdrawal caused serious damage, especially for investors operating in leveraged transactions. According to Coings data, this movement led to a total of 670 million dollars of trading.

🔍 Details of liquidation

465 million dollars of the liquidations in question stemmed from long positions, ie investors who predict that the price would rise. The remaining 224 million dollars took place in short positions, ie investors waiting for a decline. This revealed that market participants could not provide a clear consensus on direction and that both sides were affected by harsh price movements.

The liquidation wave is not limited to Bitcoin. In the same process, large Altcoins such as Ethereum (ETH), Solana (left), Dogecoin (Doge) and Avalanche (Avax) were also important price volatility. The futures in these subcoins were partially liquid and had a chained effect.

🌐 Macroeconomic and technical reasons

Behind Bitcoin’s sudden decline, not only technical indicators, but also macroeconomic developments were effective. In particular, the US concerns about the credit rating, the uncertainties of global inflation from expected and the interest policy shook investor confidence. Technically, sales pressure of over $ 106,000 triggered profit realization.

Low liquidity, especially on weekends, caused the price of large sales orders to reduce the price harder. This triggered liquations through both manual procedures and algorithmic trading systems.

💬 Investor reactions and expert opinions

Although some investors consider this decline as an opportunity to purchase, experts warn that there is still high volatility in the market. It is emphasized that investors who make leveraged transactions should maintain their positions through technical analysis and stop-loss mechanisms. Some analysts argue that the rise trend of Bitcoin remaining over $ 100,000 is preserved, while others say that such harsh retreats may be the beginning of a new wave of correction.

📈 Future expectations

In the coming days, the price of Bitcoin will be one of the most important factors to determine the direction of the market. Closes below this level can cause negative signals technically. However, the restart of a upward movement may be possible with a cleaned market structure after liquidation.

Experts say that investors should closely monitor both macroeconomic developments and internal data. In particular, the wallet movements of large whales, the amounts of Bitcoin out of the stock market and the input-outputs may be decisive about the direction of the price.

As a result, this harsh correction in Bitcoin has once again revealed that crypto markets are still in the process of maturation and that care should be done in high volatility periods.