$BTC

Bitcoin Bloodbath: $32M Liquidated in Just 1 Hour—Is Leverage the Real Culprit?

In a shocking one-hour window, Bitcoin saw $32.3 million in liquidations—$31M from long positions alone—highlighting extreme leverage risk in the crypto market.

This flash wipeout was part of a broader $483M liquidation storm across crypto, with BTC and ETH leading the charge.

Despite the chaos, prices held steady, pointing to a leverage reset rather than full-blown panic.