Topic
liquidations
4 stories
Bitcoin tops $85,000 for the first time since January as short liquidations pass $650 million
Bitcoin briefly traded above $85,000 on September 21, its highest since January, a roughly 5% daily gain that triggered more than $750 million in crypto liquidations, mostly short positions.
Zcash sets a record on a Paradigm disclosure as crypto shrugs off the Fed's first hike since 2023
Zcash hit a record near $1,369 after Paradigm disclosed it owns the token, while a leverage-heavy crypto market rallied through the Fed's first rate hike since 2023 and $345 million of positions were force-closed.
One wallet's yield trade, a 3% dip, and $36.4M of Morpho liquidations
A single wallet's yield-token trade knocked PT-reUSD down about 3%, triggering roughly $36.4 million in liquidations on Morpho against looped positions that had under 3% of headroom.
Bitcoin adds 6% to $68,000 on Treasury buyback news, with gold up 2.7% alongside it
Bitcoin rose about 6% to just above $68,000 on Wednesday after Treasury Secretary Scott Bessent doubled the size of the department's bond buybacks, with between $1.14 billion and $1.4 billion in short positions liquidated depending on the window measured.