short liquidation


Markets

High-Stakes Gambler Liquidated for $168M After Shorting the Bottom of Crypto Plunge

A high-stakes crypto trader was wiped out on HyperLiquid before immediately piling back into massive leveraged shorts on GMX — echoing past blow-ups from reckless market punters.

Ether crashed 35% in May (keithsutherland/Getty images+/Unsplash)

Markets

Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K

BTC surged past $31,000 and other cryptocurrency prices soared sharply Monday, too, taking many leveraged traders by surprise.

Crypto liquidations over the past 24 hours (CoinGlass)

Markets

Short Traders Suffer $200M in Losses as Ether, Cardano Lead Crypto Majors' Gains

Crypto market capitalization has increased about 3.5% in the past 24 hours.

Liquidity Pool (Unsplash)

Markets

Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering

Altcoins such as solana and lido have gained more than 20% as investors betting on a decline have covered their positions, a report from the brokerage firm said.

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

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Bitcoin Posts Biggest Daily Gain in 6 Months

Bitcoin (BTC) posts its biggest daily gain in six months as traditional market investors shrug off U.S. Federal Reserve Chair Jerome Powell’s pro-liquidity tightening stance. The rapid price movement triggered over $103 million worth of BTC short liquidations on crypto exchanges Thursday due to margin calls, according to CoinGlass data.

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