Crypto Carnage: $5 Billion Liquidated in Major Market Crash
Over $5 billion in leveraged cryptocurrency positions were liquidated in 72 hours, indicating severe market stress and high volatility.
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Over $5 billion in leveraged cryptocurrency positions were liquidated in 72 hours, indicating severe market stress and high volatility.
A large whale trader opened a leveraged long position of 96.25 BTC on Hyperliquid, using 40x leverage. The entry price is $62,900.9, with a liquidation price of $59,147.3.
Hyperliquid whale positions on BTC are nearly balanced between longs and shorts, with shorts slightly ahead in profitability. A notable 40x leveraged short remains highly profitable, signaling mixed …
A wallet funded with $153,000 opened a 40x leveraged long position on 97.92 BTC ($6.22M) on Hyperliquid, liquidation price at $62,825.14, monitored by Lookonchain.
Analysis compares leveraged gold ETFs UGL and GLL, highlighting how high real yields and a firm dollar have pressured gold, favoring short-side GLL over long-side UGL amid daily leverage decay risks.
A Satoshi-era Bitcoin whale profited over $190M by executing massive leveraged shorts moments before Trump’s 100% tariffs on Chinese imports caused a major crypto market crash.