CRYPTO LIQUIDATIONS HIT 1.2B AS BITCOIN SLIDES Crypto liquidations surged to 1.2 billion in 24 hours, led by 458 million in bitcoin positions, mostly longs. Bitcoin fell to 103,856, its lowest since July, while Ethereum saw 278 million in liquidations. FG Nexus’s Maja Vujinovic said the drop reflects a “risk-off” shift, with leveraged longs unwinding as investors flee to gold.(*Walter Bloomberg)