Bullish Crypto Bets Liquidated for $595M as U.S. Bombs Iran Nuclear Sites

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Crypto bulls were blindsided Friday after the U.S. military launched airstrikes on Iran’s key nuclear sites, triggering a sharp selloff and $595 million in long-position liquidations. The move, announced by former President Donald Trump, saw bombers hit Fordow, Natanz, and Isfahan — three of Iran’s main uranium enrichment facilities. The geopolitical jolt rattled global markets and sent crypto into a tailspin on Sunday. In the past 24 hours, 172,853 traders were liquidated, with total losses hit...