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Bitcoin briefly dropped below $116,000, but has now rebounded above $117,000

2025-10-11 03:46

BlockBeats News, October 11th, according to HTX market data, the cryptocurrency market continues to decline, with Bitcoin briefly dropping below $116,000, now rebounding above $117,000, with a 24-hour loss of 3.35%.

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24H Important Information
2025-10-11
Whale Address that Opened $1.1 Billion Worth of Short Positions Before the Plunge Makes Nearly $80 Million in One Day
Binance: All services have now been restored to normal, and we will closely monitor the situation for any further developments
「Buddy」 went from a floating profit of $44.5 million to losing the entire principal of $10.6 million within 22 days
In the past 24 hours, the total number of liquidations across the network surged to $19.1 billion, once again hitting a new all-time high.
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