Bellator 254: Macfarlane vs. Velasquez was a mixed martial arts event held on December 10, 2020 from the Mohegan Sun Arena in Uncasville, Connecticut. This event aired live on CBS Sports Network. The event featured a Women's Flyweight main event for the Bellator Women's Flyweight World Championship between Ilima-Lei Macfarlane and Juliana Velasquez.

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