More Than $1 Billion in Leveraged Bets Wiped out; Whale Trader Loses $83M in ETH Liquidation
The crypto market’s sharp decline on Aug. 14 resulted in over $1 billion in liquidations within 24 hours. Inflation Fears Fuel Market Crash The crypto market’s unexpected descent shortly after reaching yet another milest...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
Bitcoin Breaks Below $70,000 as Liquidations Sweep Through Leveraged Longs
Bitcoin (BTC) fell below $70,000 late Thursday in the U.S. and kept sliding past midnight, touching $67,555 on Coinbase as forced...
Bitcoin Price Today: Negative Funding Rates Signal Growing Bearish Bets as BTC Nears $68K
The latest data presents a mixed picture, however, as Hyperliquid whales have returned to net-long positions despite deteriorating...
Bitcoin tumbles below $69,000 as Nvidia turmoil and Fed hike fears trigger $1.3 billion liquidation cascade
Bitcoin dropped 7% to $68,408 as Nvidia turmoil and Fed rate hike fears triggered over $1.3 billion in crypto liquidations in 24 h...
Crypto Market Split: JPMorgan Deepens Bitcoin Exposure as MEGA Cuts Staff and Liquidations Top $1 Billion
JPMorgan boosts Strategy shares 36% and holds $540m in BlackRock's bitcoin ETF, while MEGA cuts 20% of staff and $1bn in liquidati...
Bitcoin slides under $70,000 as dollar surge triggers $1.6 billion crypto liquidation wave
Bitcoin fell to $67,770, its lowest since August 19, as a surging dollar and Fed rate expectations triggered $1.6 billion in crypt...
Bitcoin hits 12-week low as dollar rallies on interest-rate outlook, liquidations top $1.6 billion
Bitcoin (BTC) fell below $70,000 for the first time since August and is down 3.5% since midnight UTC, as the dollar climbs and liq...