Massive $34.08M Bitcoin Long Liquidations Triggered by Ancient Whale Sell-Off on July 15
2025-07-15 03:47:36
Main Idea
A significant market event occurred with $89.61 million in liquidations within an hour, primarily driven by large Bitcoin sell-offs from long-term holders, known as ancient whales.
Key Points
1. Approximately $89.61 million in liquidations occurred within a single hour on July 15.
2. The downturn was primarily driven by selling activities of ancient whales.
3. Over $34.08 million in Bitcoin long positions were forcibly closed.
Description
On July 15, data from Coinglass revealed a significant market event where approximately $89.61 million in liquidations occurred within a single hour. This sharp downturn was primarily driven by the
$BTC
$116852.8
-4.65%
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