Bitcoin and Ethereum surge and liquidate R$ 6.6 billion in bets against the rise
The recent appreciation of Bitcoin (BTC) and Ethereum (ETH) triggered a wave of liquidations in the futures market, mainly affecting bets against the rise of cryptocurrencies. In recent days, over R$ 6.6 billion in leveraged positions have been forcibly closed, according to data from several major platforms.
About 75% of the liquidations were from short positions, indicating that most were betting on a correction.
The futures market, known for its high leverage, amplifies both gains and losses.
When the price rises quickly, short positions are automatically closed by brokers to prevent greater losses, creating a cascading effect.
Experts warn that volatility is likely to continue, especially with expectations of new Bitcoin records.
Meanwhile, investors are preparing for more turbulence, balancing strategies between the spot market and derivatives.
The recent surge reinforces the strength of cryptocurrencies, but also serves as a reminder of the risks associated with leveraged operations in such an unstable environment.
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