Over $432M liquidated from crypto market in 24 hours as leveraged longs get crushed
Over $432 million in crypto positions were liquidated in 24 hours, with long positions accounting for $365 million. More than 100,000 traders were affected. The post Over $432M liquidated from crypto market in 24 hours a...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Over $432 million in crypto positions were liquidated in 24 hours, with long positions accounting for $365 million. More than 100,000 traders were affected.
The post Over $432M liquidated from crypto market in 24 hours as leveraged longs get crushed appeared first on Crypto Briefing.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Crypto BriefingRelated market context
Bitcoin erased $118 million from Abu Dhabi’s ETF holdings, but its sovereign funds kept every share
Two Abu Dhabi sovereign investors kept their BlackRock Bitcoin ETF holdings unchanged through the second quarter, retaining $764 m...
Bitcoin Eyes New August Lows as Binance Longs Face a ‘Cleanout’
Bitcoin futures open interest on Binance fell alongside BTC price as analysis published on CryptoQuant flagged mounting pressure o...
Machi Big Brother sells 3 Bored Apes to cut his Ethereum long in 52%, but liquidation moved to just $22 away
Three Bored Ape sales at steep losses accompanied a month-long contraction in the leveraged Ethereum account that Lookonchain publ...
A Bitcoin treasury with $67 million in BTC has just $5,397 in cash and needs money immediately
Bitcoin treasury holder CIMG Inc. said in its Aug. 13 quarterly filing that it needs to raise capital immediately, even though it...
Abu Dhabi Sovereign Wealth Funds Keep Big Bitcoin Positions
Bitcoin Magazine Abu Dhabi Sovereign Wealth Funds Keep Big Bitcoin Positions Bitcoin is the most important asset in two of Abu Dha...
Another public company abandons Bitcoin playbook after treasury volatility drove $22 million loss
KULR Technology Group has exited Bitcoin mining, repaid its Coinbase debt, and begun selling its BTC holdings as the battery techn...