$360M in crypto liquidations as Bitcoin whipsaws traders
From Yahoo Finance: 2025-04-14 14:08:00
In the last day, $366 million in Bitcoin price bets were liquidated, causing losses for traders who bet on the wrong direction as Bitcoin surged unexpectedly.
Traders using leverage faced liquidations when Bitcoin moved against them too far, resulting in forced sell-offs and significant losses in the $82,000 – $86,000 range.
The volatile crypto market saw Bitcoin swing sharply between $82K and $86K, leading to intense trading losses and a reminder of the risks associated with leveraged trading. Bitcoin is currently trading at $84,383.51, down by 0.29% in the last 24 hours.
Read more at Yahoo Finance: $360M in crypto liquidations as Bitcoin whipsaws traders