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Crypto Bulls Face 3,049% Liquidation Imbalance as Bitcoin, XRP, Ether Rally Overheats, With Longs Losing $359.45M
The cryptocurrency rally experienced a sharp local correction, triggering a wave of forced margin liquidations. Over shorter time frames, long liquidations exceeded short losses by more than 30 times,
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Lookonchain monitors: A Bitcoin short trader closed another 500 BTC ($32.58M) to avoid liquidation, with total losses now exceeding $1.5M; new liquidation price is $64,998.73.
The trader's current position stands at 900 BTC ($58.6M).
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Crypto Bulls Face 3,049% Liquidation Imbalance as Bitcoin, XRP, Ether Rally Overheats, With Longs Losing $359.45M
The cryptocurrency rally experienced a sharp local correction, triggering a wave of forced margin liquidations. Over shorter time frames, long liquidations exceeded short losses by more than 30 times,
-
Lookonchain monitors: A Bitcoin short trader closed another 500 BTC ($32.58M) to avoid liquidation, with total losses now exceeding $1.5M; new liquidation price is $64,998.73.
The trader's current position stands at 900 BTC ($58.6M).
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24H Trending
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1
The Nikkei 225 Index fell 5.76% from its previous close, currently trading at 57,557.09.
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