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Bitcoin sees $169M in liquidations amid long squeeze risks and bearish pressure.

Market News
23 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Bitcoin experienced $169.28 million in liquidations over the past 24 hours, mostly from long positions, marking the largest single-day liquidation since early June. Despite bearish trends, traders increased long bets, raising the risk of a long squeeze and further liquidations. Market data shows strong downward pressure with short-term holders facing significant losses and capital outflows, while long-term holders remain relatively stable. This suggests market stress but not yet a full capitulation or cycle bottom, indicating cautious conditions ahead for dip buyers.

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