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Crypto Traders Lose $1B in 24 Hours as Short Sellers Face Rising Pressure

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Bitcoin Selloff Erases $1B in Leveraged Bets as Traders Brace for Another FlushTotal cryptocurrency liquidations topped $1 billion in a 24-hour period, driven by bitcoin plunging to a 2026 low of $59,018. Bitcoin Bears Face Key Thresholds Cryptocurrency liquidations topped $1 billion on Thursday, hours after bitcoin plunged to $59,018, its lowest level so far in 2026. Market data as of 3 a.m. EST showed that $781 […]
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