Investors Face Significant Losses as Short Positions Lead to Massive Liquidations
2025-07-11 07:51:04
Main Idea
The cryptocurrency market experienced significant liquidations, with Bitcoin and Ethereum futures leading the losses, while ETF demand and macroeconomic developments are supporting market strength.
Key Points
1. Over $1.25 billion in liquidations occurred in the last 24 hours, with Bitcoin futures losing approximately $640 million and Ethereum futures $260 million.
2. Bybit led exchanges in liquidation amounts with $513.86 million, 93% of which were short positions.
3. The largest single liquidation was an $88.5 million short position on the BTC/USDT pair on HTX.
4. Spot Bitcoin ETFs in the U.S. have attracted over $15 billion, with BlackRock's IBIT fund holding more than 700,000 BTC, helping stabilize Bitcoin's price.
5. Ethereum's futures trading volume surpassed Bitcoin for the first time, driving its price to $3,000, alongside rallies in XRP, Dogecoin, and Solana.
Description
Over $1.25 billion in crypto positions have been liquidated in 24 hours. Bitcoin's futures experienced the largest loss of $640 million. Continue Reading: Investors Face Significant Losses as Short Positions Lead to Massive Liquidations The post Investors Face Significant Losses as Short Positions Lead to Massive Liquidations appeared first on COINTURK NEWS .
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