More than $100 million in Bitcoin has been liquidated in the past 24 hours, raising fears of a possible correction to $50,000. 📉 Bitcoin (BTC) liquidations reached $100.4 million, with more than $86 million of leveraged long positions liquidated, according to CoinGlass. Despite the drop, ETF buyers did not start selling in panic. However, panic selling of ETFs could occur after investors return from their Independence Day holiday in the US. Upcoming payments Mt. Gox may add additional pressure to sell Bitcoin.