Crypto Bulls Envision $1.7B Liquidations as Bitcoin Swiftly Closes on $80K
Crypto bulls saw $1.7B liquidated as Bitcoin raced toward $80,000, triggering sharp sell-offs and extreme volatility. Traders scrambled to cut exposure as markets whipsawed.
margin calls
$600M in crypto longs rekt in last hour
About $600M in crypto long positions were liquidated in the last hour, sparking sharp volatility across exchanges as leveraged bets unwound rapidly. Traders reported heavy losses, analysts warn of further swings.
Ether, Dogecoin, Bitcoin Plunge Sees $900M in Bullish Bets Liquidated
Ether, Dogecoin and Bitcoin plunged, triggering roughly $900M in liquidations of bullish derivatives. Sudden volatility forced margin calls and erased leveraged positions, roiling crypto markets.