High-Risk Trader’s $334M Short Positions Wiped out as BTC Surges Past $123,000
2025-07-14 09:35:51
Main Idea
A high-risk trader lost $334 million in short positions as Bitcoin surged past $120,000, triggering widespread liquidations in the cryptocurrency market.
Key Points
1. A trader known as Falllling had $334 million in short positions liquidated, including 1,743 BTC, 33,743 ETH, and 15 million FARTCOIN, resulting in $25.84 million in losses.
2. The liquidations occurred as Bitcoin surged to a new all-time high of $122,604, breaking a period of market indecision.
3. Over 124,000 traders were wiped out in 24 hours, with total liquidations reaching $702.56 million, mostly from short positions ($590.72 million).
4. The trader's losses drew comparisons to James Wynn, who lost over $100 million in May 2025 due to a leveraged long position liquidation.
5. Bitcoin's rally began on July 10, overcoming a critical support zone and leading to a cascade of liquidations.
Description
On July 14, a high-risk trader incurred significant losses as $334 million in short bets were liquidated within three hours. High-Risk Trader’s Losses Draw Comparisons to James Wynn A high-risk trader known as Falllling had massive short bets worth $334 million liquidated in just three hours. According to the crypto analytics firm Lookonchain, the liquidated
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