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Breaking: BTC Plunges Again, Liquidations Near $300 Million
Key points: Geopolitical tensions + market leverage double squeeze
BTC breaks below $69,200
Network liquidations $299 million
85% of which are long positions
Critical trigger:
Trump issues "48-hour ultimatum" to Iran on power infrastructure (escalating geopolitical conflict)
Core logic:
War expectations ↑ → Risk assets under pressure → Leveraged liquidation chain reaction