Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

2025-05-19

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

2025-05-19

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

2025-05-19
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

    2025-05-19

    Sentismai integrates Kyberswap for seamless EVM -Kettingwaps

    2025-05-19

    Alchemie acquires Solana developer Dexterlab for unknown sum

    2025-05-19

    Interlink and Blazpay Partner to improve the user experience in Web3 with AI

    2025-05-19

    Filmmaker David Goyer bets on blockchain for the next sci-fi franchise

    2025-05-19
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

    2025-05-19

    SEC chairman Atkins confirms the end of hard crypto enforcement, proposes a uniform framework

    2025-05-19

    Trump administration to beat bank rules designed to prevent collapse in 2008 style: report

    2025-05-19

    Mastermind Behind Sec Sim -exchange schedule sentenced to 14 months in prison for manipulating Bitcoin price

    2025-05-18

    Capital One pays $ 425,000,000 to customers after they have reportedly cheated customers from a higher return on bank balance

    2025-05-18
  • Analysis

    XRP -Price confirms Bullish reversing settings with this demand zone

    2025-05-19

    Finish Bitcoin price inches in the direction of all time-can Momentum?

    2025-05-19

    Ethereum – price cannot break through – what does it stop?

    2025-05-19

    Dogecoin (Doge) is struggling to support profit while Meme Coin cools Mania

    2025-05-19

    Crypto analyst says that Bitcoin correction comes before the outbreak to the new all-time here is his prediction

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-09
  • Blog
  • Contact
    • Tech7685@gmail.com
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Bitcoin»Bitcoin Shakeout Causes $190 Million in Losses for Over 81,000 Traders
Bitcoin

Bitcoin Shakeout Causes $190 Million in Losses for Over 81,000 Traders

2023-12-07No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin has seen a pullback, but not to the extent that bears expected. Nevertheless, as a result, many traders suffered huge losses as Bitcoin staged another unexpected recovery. Loss volumes have risen rapidly to $190 million in one day as uncertainty remains the order of the day.

Crypto liquidations reach $190 million

According to facts from Coinglass, 24-hour crypto liquidation volumes quickly rose above $190 million as Bitcoin completed a shakeout. This started with the price drop to the $43,600 area. And then a quick rise back to $44,000 completed the move.

After this, traders on both sides quickly found themselves taking losing positions, and liquidations piled up. In total, more than 81,000 traders ended up in the red, leading to more than $190 million in losses. Interestingly, the majority of these came from long trades, betting on the price to continue to rise.

Liquidation of Bitcoin crypto

Source: Coinglass

Coinglass estimates that 73.74% of the past day’s total liquidations came from long traders, meaning around 45,000 traders were long this time around. The largest liquidation event was recorded on the OKX crypto exchange for the ETH-USDT-SWAP pair, which was valued at $2.12 million at the time of liquidation.

There was also a newcomer in the top 3 in terms of liquidation volumes. Naturally, Bitcoin and Ethereum led the pack with liquidation volumes of $47.12 million and $29.16 million. However, ORDI came in third with $21.64 million in liquidations in 24 hours.

Long Traders in Trouble as Bitcoin Tanks

Long traders have continued to be hit hard by the liquidations over the past day, and the tide has yet to turn against the bears. Now that Bitcoin’s price has briefly dipped below $43,000 and rebounded towards $43,400, long liquidations are still piling up.

See also  The mystery of Satoshi and the unstoppable rise of Bitcoin

As of this writing, short liquidations made up 91.05% of the approximately $47.83 million in liquidations recorded in the past four hours. This four-hour liquidation trend is also led by the same top three, including Bitcoin, Ethereum and ORDI, all of which have seen a lot of volatility over the past week. If Bitcoin’s recovery continues to exhibit high volatility, these liquidation volumes will continue to rise.

The majority of liquidations occurred on both the Binance and OKX exchanges at $82.56 million and $60.51 million respectively. ByBit Exchange ranks third with $27.05 million in liquidations in the past day.

Bitcoin is currently struggling to hold support above $43,000, which explains why the liquidation trend has increased in recent hours. However, the bulls are still ahead and continue to dominate as sentiment is still firmly in greed.

Bitcoin price chart from Tradingview.com

BTC exhibits high volatility | Source: BTCUSD on Tradingview.com

Featured image of Coin Culture, chart from Tradingview.com

Source link

Bitcoin losses Million Shakeout traders
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Finish Bitcoin price inches in the direction of all time-can Momentum?

2025-05-19

Whales that are used heavily on Bitcoin Longs – this is why this can work out counterproductive!

2025-05-19

Ethereum cools down as Bitcoin Strances: the rotation game of Smart Money Decoding!

2025-05-19

Bitcoin’s transaction costs rises to a YTD height of $ 2.4

2025-05-19
Add A Comment

Comments are closed.

Top Posts

Dogecoin seems ready for an explosive profit of 10,000% analyst

2025-01-26

BNB Chain launches Greenfield mainnet for decentralized data storage

2023-10-18

Integrity Verifier improves Starknet scalability by introducing Layer 3 (L3) app chains

2024-05-14
Editors Picks

Is a drop below $0.5 likely before October?

2023-09-23

A ‘side door’ entrance to popularize the metaverse

2023-07-18

FOMO partners with iMe to simplify the creation of AI agent tokens

2024-12-26

BTC ETFs Face $400 Million Outflows: Is Trump’s Bitcoin Effect Stagnant?

2024-11-15

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Vitaminai and Blocx partner to stimulate security and productivity by bridging Web2 and Web3

Authorities claim that scammers have stolen $ 265,000,000 in crypto to buy exotic cars, private security and other luxury

Cardano’s ICO era ‘Redemption Scandal’ re -diving – will it drag the Rally of Ada?

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • Free.cc (Free Crypto)
© 2025 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,328.480.22%
  • ethereumEthereum(ETH)$2,498.482.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-0.75%
  • binancecoinBNB(BNB)$650.220.73%
  • solanaSolana(SOL)$165.65-1.90%
  • usd-coinUSDC(USDC)$1.000.05%
  • dogecoinDogecoin(DOGE)$0.222936-1.33%
  • cardanoCardano(ADA)$0.74-0.66%
  • tronTRON(TRX)$0.265660-0.33%
  • suiSui(SUI)$3.82-0.02%
  • chainlinkChainlink(LINK)$15.691.32%
  • avalanche-2Avalanche(AVAX)$22.05-1.89%
  • stellarStellar(XLM)$0.285326-1.08%
  • hyperliquidHyperliquid(HYPE)$26.37-0.47%
  • shiba-inuShiba Inu(SHIB)$0.000015-0.73%
  • hedera-hashgraphHedera(HBAR)$0.192079-0.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.61%
  • bitcoin-cashBitcoin Cash(BCH)$390.81-2.59%
  • the-open-networkToncoin(TON)$3.02-3.46%
  • litecoinLitecoin(LTC)$98.25-0.37%
  • polkadotPolkadot(DOT)$4.57-2.11%
  • moneroMonero(XMR)$340.621.07%
  • bitget-tokenBitget Token(BGB)$5.190.86%
  • pepePepe(PEPE)$0.000013-0.47%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.73-1.80%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • uniswapUniswap(UNI)$5.91-0.28%
  • aaveAave(AAVE)$238.796.37%
  • bittensorBittensor(TAO)$405.66-2.13%
  • nearNEAR Protocol(NEAR)$2.74-0.81%
  • aptosAptos(APT)$5.151.24%
  • okbOKB(OKB)$52.31-1.02%
  • ondo-financeOndo(ONDO)$0.92-0.53%
  • ethereum-classicEthereum Classic(ETC)$18.430.79%
  • kaspaKaspa(KAS)$0.106443-3.55%
  • internet-computerInternet Computer(ICP)$5.17-0.45%
  • gatechain-tokenGateToken(GT)$21.44-0.88%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.78-1.56%
  • crypto-com-chainCronos(CRO)$0.095656-2.28%
  • mantleMantle(MNT)$0.72-1.60%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231641-2.11%
  • vechainVeChain(VET)$0.027854-1.41%
  • render-tokenRender(RENDER)$4.54-0.34%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.360481-4.16%
  • algorandAlgorand(ALGO)$0.220812-0.34%
  • filecoinFilecoin(FIL)$2.84-0.15%
  • arbitrumArbitrum(ARB)$0.3876961.14%
  • bitcoinBitcoin(BTC)$105,328.480.22%
  • ethereumEthereum(ETH)$2,498.482.61%
  • tetherTether USDt(USDT)$1.00-0.02%
  • rippleXRP(XRP)$2.37-0.75%
  • binancecoinBNB(BNB)$650.220.73%
  • solanaSolana(SOL)$165.65-1.90%
  • usd-coinUSDC(USDC)$1.000.05%
  • dogecoinDogecoin(DOGE)$0.222936-1.33%
  • cardanoCardano(ADA)$0.74-0.66%
  • tronTRON(TRX)$0.265660-0.33%
  • suiSui(SUI)$3.82-0.02%
  • chainlinkChainlink(LINK)$15.691.32%
  • avalanche-2Avalanche(AVAX)$22.05-1.89%
  • stellarStellar(XLM)$0.285326-1.08%
  • hyperliquidHyperliquid(HYPE)$26.37-0.47%
  • shiba-inuShiba Inu(SHIB)$0.000015-0.73%
  • hedera-hashgraphHedera(HBAR)$0.192079-0.76%
  • unus-sed-leoUNUS SED LEO(LEO)$8.62-0.61%
  • bitcoin-cashBitcoin Cash(BCH)$390.81-2.59%
  • the-open-networkToncoin(TON)$3.02-3.46%
  • litecoinLitecoin(LTC)$98.25-0.37%
  • polkadotPolkadot(DOT)$4.57-2.11%
  • moneroMonero(XMR)$340.621.07%
  • bitget-tokenBitget Token(BGB)$5.190.86%
  • pepePepe(PEPE)$0.000013-0.47%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.73-1.80%
  • ethena-usdeEthena USDe(USDE)$1.00-0.04%
  • uniswapUniswap(UNI)$5.91-0.28%
  • aaveAave(AAVE)$238.796.37%
  • bittensorBittensor(TAO)$405.66-2.13%
  • nearNEAR Protocol(NEAR)$2.74-0.81%
  • aptosAptos(APT)$5.151.24%
  • okbOKB(OKB)$52.31-1.02%
  • ondo-financeOndo(ONDO)$0.92-0.53%
  • ethereum-classicEthereum Classic(ETC)$18.430.79%
  • kaspaKaspa(KAS)$0.106443-3.55%
  • internet-computerInternet Computer(ICP)$5.17-0.45%
  • gatechain-tokenGateToken(GT)$21.44-0.88%
  • official-trumpOFFICIAL TRUMP(TRUMP)$12.78-1.56%
  • crypto-com-chainCronos(CRO)$0.095656-2.28%
  • mantleMantle(MNT)$0.72-1.60%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.231641-2.11%
  • vechainVeChain(VET)$0.027854-1.41%
  • render-tokenRender(RENDER)$4.54-0.34%
  • usd1World Liberty Financial USD(USD1)$1.00-0.03%
  • ethenaEthena(ENA)$0.360481-4.16%
  • algorandAlgorand(ALGO)$0.220812-0.34%
  • filecoinFilecoin(FIL)$2.84-0.15%
  • arbitrumArbitrum(ARB)$0.3876961.14%