The information you requested on Bitcoin trading activity shows that the market experienced its most extreme price fluctuations. The market lost almost 1 billion dollars because it happened during a five-day period of time. The first drop of Bitcoin price to 64K USD caused 520 million dollars in long positions to liquidate. The price then increased beyond 65K USD which resulted in 90 million dollars in short positions getting liquidated. The current price drop has resulted in 165 million dollars in long positions getting liquidated. The market exhibits extreme price fluctuations because high-leverage trading has resulted in a financial crisis. The market cycle begins with a price dump which leads to a short squeeze before the market experiences another dump. The price movement pattern exists because traders use high open interest and low liquidity conditions to execute stop-loss orders which affect both long and short positions without showing any preference or compassion.

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