The acoustic properties of liquid oxygen have been studied up to 90 T by means of the ultrasound pulse-echo technique. A monotonic decrease of the sound velocity and an asymptotic increase of the acoustic attenuation are observed by applying magnetic fields. An unusually large acoustic attenuation, that becomes 20 times as large as the zero-field value, cannot be explained by the classical theory. These results indicate strong fluctuations of antiferromagnetically coupled local structures. We point out that the observed fluctuations are a precursor of a liquid-liquid transition, from a low-susceptibility to a high-susceptibility liquid, which is characterized by a local-structure rearrangement.
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