<ul><li>Bitcoin's price dropped from its all-time high of $108,200 to $95,000 in less than a week.</li><li>Over $540 million in long positions were liquidated between Dec. 17 and Dec. 22, with the largest liquidation of $214 million occurring on Dec. 19.</li><li>The liquidations were caused by high-leverage traders being forced to close their positions as Bitcoin's price declined.</li><li>The sell-off was intensified by the Federal Reserve's tighter monetary policy and a cascade of liquidations below the key support of $100,000.</li></ul>

Bitcoin tumbled to $95k after $540 million in long liquidations

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