Bitcoin Flash Crash Wipes Out $128 Million in Long Positions as Price Briefly Dips Below $90,000

Bitcoin flash crash triggers $128M in liquidations and record ETF outflows as options structure dominates. Photo by BeInCrypto Bitcoin (BTC) experienced a brief but sharp flash crash on Thursday, dipping to establish an intra-day low of $89,641 before rebounding above $90,000. The move highlights continued volatility in the cryptocurrency market, with millions of long positions caught off guard and subsequently wiped out. Bitcoin Price Briefly Drops Below $90,000, Liquidates $128 Million in Longs As of ...