Crypto markets saw a heavy shakeout, with over $1B in liquid

Crypto markets saw a heavy shakeout, with over $1B in liquidations wiping out more than 180,000 traders. Longs absorbed the bulk of the damage at $717M, while shorts lost $291M. The biggest hit was a $96.5M $BTC  position liquidated on Hyperliquid.#BTC90kBreakingPoint 

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BTC

92,173.46

-1.08%

Crypto markets saw a heavy shakeout, with over $1B in liquidations wiping out more than 180,000 traders. Longs absorbed the bulk of the damage at $717M, while shorts lost $291M. The biggest hit was a $96.5M $BTC position liquidated on Hyperliquid.

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