Bitcoin and Ethereum shorts liquidated worth $226M in 24 hours

Bitget App

Trade smarter

Bitget

News

Markets

Bitcoin and Ethereum shorts liquidated worth $226M in 24 hours

Cryptobriefing2025/09/29 18:57

By:Cryptobriefing

Key Takeaways

Approximately $226 million in Bitcoin and Ethereum shorts were liquidated within a 24-hour period due to price surges.
Ethereum shorts contributed $137.9 million to the total liquidations, occurring as ETH accelerated higher.

Bitcoin and Ethereum short positions worth around $226 million were liquidated in a 24-hour period today as both cryptocurrencies surged higher.

The liquidations highlight intense volatility in crypto markets as traders betting against price increases faced forced closures of their positions. Bitcoin, the leading cryptocurrency, and Ethereum, the second-largest digital asset, drove the majority of the liquidation activity.

Ethereum shorts alone accounted for $137.9 million in liquidations during the 24-hour period. The forced closures occurred as both cryptocurrencies extended gains, creating additional upward momentum.

Broader market data shows over $330 million in short positions were wiped out across all cryptocurrencies as bearish traders faced margin calls amid the price rally.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

- Metaplanet borrows $130M to buy Bitcoin , using BTC as collateral amid market downturn. - Funds will expand BTC holdings to 1% of total supply by 2027, mirroring Strategy’s approach. - Loan terms include floating rates and early repayment, with $2.7B BTC reserves as collateral. - Company also raises $135M via preferred shares, as Japan firms push crypto adoption. - Leaders remain bullish on long-term BTC value despite 20% unrealized losses and market volatility.

Bitget-RWA•2025/11/30 05:34

This Is the Moment: 5 Altcoins Ready for Massive Gains as the Golden Cross Signals Liftoff

Cryptonewsland•2025/11/30 05:33