Bitcoin Run To $57,000 Flushes $280 Million In Crypto Shorts

Data shows around $280 million in cryptocurrency futures shorts have found liquidation in the past day as Bitcoin has touched $57,000.

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‘I’m surprised It’s Still This High,’ Says Economist As Bitcoin Dips Below $39,000

The recent price action from Bitcoin (BTC) has caught the attention of both supporters and critics. Following the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States on January 11, BTC experienced a spike, breaking past the $48,000 mark.

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Bitcoin (BTC) Price Decline and Volatility Causes $138M in Crypto Liquidations

Crypto liquidations on centralized exchanges totaled $138 million in the past 24 hours. Long positions accounted for $120 million in losses, while short-sellers lost $18 million as traders grappled with the recent volatility of Bitcoin.

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Why $500 Million in Cryptos Were Liquidated Within 1 Hour

In the last couple of hours, there has been havoc in the crypto market that caused nearly $500 million worth of trades to liquidate. What are the reasons?
The crypto market is always subject to massive volatility, often liquidating high-leverage trades in both directions.

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