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$458M in Crypto Positions Liquidated in 1 Hour

Over $458M in crypto was liquidated within an hour, mostly from short positions, signaling a sudden market reversal.

  • $458M liquidated in just 60 minutes
  • Short positions made up over $419M of the total
  • The rapid move suggests a sharp market bounce

In a dramatic hour for the crypto market, more than $458 million in leveraged positions were liquidated, marking one of the most intense liquidation events in recent weeks. According to data from leading liquidation trackers, a staggering $419.03 million of that total came from short positions, while longs accounted for $39.04 million.

This pattern reveals a sudden and powerful upward price movement across major crypto assets. When short sellers — those betting that prices will fall — are caught off guard by a rapid price surge, their positions are forcefully closed by exchanges to cover losses. The result is what we’re seeing now: a cascade of liquidations that fuels even more upward price pressure.

Shorts Squeezed as Market Rebounds

The dominance of short liquidations suggests a short squeeze is in play. This occurs when many traders try to exit their short positions at once, pushing prices even higher and triggering further liquidations. Such events can rapidly accelerate bullish momentum, turning a quiet market into a surge of green candles.

Bitcoin and Ethereum led the charge, with price jumps that shocked many traders expecting continued downside. This liquidation wave is a reminder of the risks involved in leveraged trading, especially during periods of low liquidity and heightened volatility.

What Comes Next?

While it’s too early to tell if this move signals the start of a sustained rally, the scale of liquidations could attract renewed bullish sentiment. Traders and analysts will be watching closely to see if this bounce has legs or if it’s just a temporary shakeout before further consolidation.

One thing is clear — crypto liquidations continue to shape market momentum in real-time, making timing and risk management more important than ever.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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