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Crypto longs lose $500 million as bitcoin slides to $78,000, SOL and XRP down 5%

By Shaurya Malwa · Published May 16, 2026 · 1 min read · Source: CoinDesk
BitcoinAltcoins
A long-skewed liquidation cascade flushed leverage across the major tokens overnight, with the move tracking a global bond selloff and the worst session for U.S. stocks since March.
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