$1B Liquidated as Bitcoin Hits 12-Day Lows, Casting Doubt on ‘Uptober’ Rally – is BTC Dead?

Bitcoin crashed to 12-day lows below $115,000 on Monday, triggering over $1 billion in liquidations within 20 minutes and marking the largest liquidation cascade of 2025, as the sudden price drop generated $1. 7 billion in total liquidations over 60 minutes with 95% coming from long positions. source: https://cryptonews.com/news/1b-liquidated-as-bitcoin-hits-12-day-lows-casting-doubt-on-uptober-rally-is-btc-dead/