markets·13d ago
Short Liquidations Top $1.06B as Crypto Market Rallies 3.7%
Bearish traders lost over $1 billion in 24 hours as the total crypto market cap climbed 3.7%.
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Original coverage across the crypto market, updated daily.
Bearish traders lost over $1 billion in 24 hours as the total crypto market cap climbed 3.7%.
Bearish traders faced $1.06B in short liquidations as crypto market cap climbed 3.7% in a day.

A record build-up of speculative yen shorts could trigger a sharp squeeze if the BOJ signals tighter policy, impacting risk assets like bitcoin.

A rapid Bitcoin rally to $63,700 triggered the largest short liquidations since April, but geopolitical tensions later reversed gains.