Over $450M Shorts Liquidated in 24 Hours as Crypto Market Extends Rally
Traders betting against the crypto market have suffered more than $450 million in losses over the past 24 hours as major cryptocurrencies surged higher in one of the most impressive rallies in about a year. According to...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
According to data by CoinGlass, short traders suffered around $457 million across major centralized exchanges over the past day. Crypto exchange OKX took the lion’s share of these liquidations at over $241 million, followed by Binance at $116 million. ...
Read More: Over $450M Shorts Liquidated in 24 Hours as Crypto Market Extends Rally
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
How a Bitcoin Treasury company sold 600 BTC to cut debt but still ended up with $60 million due in December
Nakamoto, the parent company of Bitcoin Magazine, faces a near-term balance-sheet test at year-end, when 60 million USDT of a Bitc...
Over 1.3 million staked tokens remain stranded onchain after a major validator missed its deadline to exit Aztec
DV Labs’ planned Aug. 15 Aztec exit was still incomplete by 2 a.m. UTC on Aug. 16: seven DV Labs-listed attesters remained in the...
XRP Price Prediction: Wells Fargo Disclosed Millions in XRP Holding
XRP price trades near $1.00, remaining near the key level that separates confidence from doubt for its prediction. That flatline h...
Bitcoin (BTC) Price Prediction: $66,400 Breakout Could End Months of Range-Bound Trading
The market’s next major directional signal could come from a break of the $62,200-$66,400 range, as Bitcoin continues to consolida...
Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research
Bitcoin Magazine Losses Top $115M In Coldcard Bitcoin Hack: Galaxy Research New data from Galaxy Research shows that $115 million...
Jane Street Reports Major Position Across XRP ETF
Jane Street Group reported holding more than 1.2 million shares of Bitwise’s XRP ETF as of June 30, 2026, up from 20,605 shares th...