Bitcoin Long Position Liquidations Surge Amid Accelerated Losses in Crypto Market
The post Bitcoin Long Position Liquidations Surge Amid Accelerated Losses in Crypto Market appeared on BitcoinEthereumNews.com.
Crypto markets face intense pressure as long position liquidations surge, with Bitcoin, Ethereum, Dogecoin, and Solana leading losses on Thursday. Over $320 million in long bets were wiped out within a single hour, reflecting heightened volatility and investor caution amid recent price declines. According to CoinGlass data, a notable $201 million long position on Binance was liquidated, underscoring the scale of market adjustments underway. Crypto long liquidations spike over $320M as Bitcoin, Ethereum, and altcoins fall sharply, signaling increased market volatility and investor risk exposure. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Bitcoin and Ethereum Lead Massive Long Liquidations Amid Market Downturn The cryptocurrency market experienced a significant correction on Thursday, with Bitcoin (BTC) and Ethereum (ETH) at the forefront of liquidations. Bitcoin alone accounted for approximately $317 million in liquidations over the past 24 hours, with $306 million stemming from long positions. This sell-off pushed BTC prices below $106,200, marking a nearly 3% decline in a single day. Despite this drop, Bitcoin remains about 5% below its all-time high of $111,814 recorded in May, maintaining a modest weekly gain of around 5%. Ethereum’s decline was even more pronounced, with daily liquidations totaling $151 million. ETH’s price fell over 6% to approximately $2,650, although it retains a 9% increase over the past week due to earlier gains. The scale of these liquidations highlights the vulnerability of leveraged positions…
Filed under: News - @ June 12, 2025 11:21 pm