Quick Take: Crypto Liquidations Top $970M as Short Sellers Suffer Massive Losses
Short sellers took a brutal hit with $836 million in liquidations, as bullish momentum swept across the crypto markets.
Short sellers took a brutal hit with $836 million in liquidations, as bullish momentum swept across the crypto markets.
The crypto market experienced significant liquidations totaling around โฑ33.8 billion in the past 24 hours.
The price surge aligned with a 90-day pause on most “reciprocal” tariffs announced by President Donald Trump on April 9, 2025, via Truth Social
The global financial markets are also reeling today, with stocks and commodities plummeting as fears of a trade war grip investors.
Despite only one day passing since the tokenโs listing, the market maker dumped tens of millions of MOVE tokens, reaping large profits with little market support.
Binance has completed an internal investigation revealing a staff member engaged in front-running using insider information from a previous role.
EOS tokens will be replaced with new Vaulta tokens at a 1:1 ratio through a swap portal available for four months after launch.
OKX said it has implemented new security measures, including a hacker address detection system and real-time transaction tracking to block suspicious activity.
These memecoins have failed to attract significant investor attention or trading activity.
Nearly 256,000 traders were liquidated, with a $5.07 million Bitcoin position on BitMEX marking the largest single liquidation.