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

Total 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 […]

Source: https://news.bitcoin.com/crypto-traders-lose-1b-in-24-hours-as-short-sellers-face-rising-pressure/