Bitcoin Flash Crash Liquidates Over $220M, Struggles to Break $69.5K Resistance

• Bitcoin flash crash sent price below $69,000; over 81,000 traders liquidated for $220M+ losses • Majority (70%) of liquidated positions were longs; OKX exchange saw biggest liquidation volume • Bitcoin and Ethereum saw largest liquidation volumes at $36M and $29M respectively • Meme coins Dogecoin and PEPE also saw significant liquidation volumes of $10M and $7M • Bitcoin price struggling to break $69.5K resistance; currently trading around $69.4K