Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Bitcoin Price Volatility Strike: Traders Call for $190 Million Liquidation
EXCHANGE NEWS

Bitcoin Price Volatility Strike: Traders Call for $190 Million Liquidation

By Crypto FlexsDecember 8, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin Price Volatility Strike: Traders Call for 0 Million Liquidation
Share
Facebook Twitter LinkedIn Pinterest Email

Cryptocurrency traders endured a rude awakening over the past 24 hours as Bitcoin price fluctuations led to liquidations of more than $190 million. Excessive volatility caught more than 81,000 traders off guard, triggering a cascade of liquidations, according to data aggregator Coinglass.


key point

  • Crypto Trader Liquidates Over $190 Million in One Day Amid Bitcoin Price Fluctuations
  • Over 81,000 traders were liquidated, the majority betting on a continued rise in BTC price.
  • Bitcoin and Ethereum led the liquidation volume, but ORDI entered the top three with $21 million liquidated.
  • Long traders continue to struggle amid volatility and account for 91% of recent liquidations.
  • As volatility continues, liquidation volume is likely to continue to increase. Binance and OKX accounted for the largest share.

Forced liquidation of futures positions began as Bitcoin retreated to the $43,600 level, before quickly rebounding to $44,000. In the fake out shakeout, long positions betting on a continuous upward trend were stopped, and short positions were also captured with a quick bounce.

Coinglass recorded 73.74% of total liquidations coming from long-term traders, indicating that approximately 45,000 buyers were liquidated early. The largest single liquidation event exceeded $2.12 million across ETH-denominated swap products on the OKX exchange.

While Bitcoin and Ethereum led the liquidation volume with $47.12 million and $29.16 million, respectively, altcoin ORDI unexpectedly took third place. ORDI was forced to close $21.64 million worth of futures positions in response to price volatility.

The recent cryptocurrency bloodshed highlights the increasing risks leveraged traders face during periods of heightened uncertainty. Exchanges allow futures traders to use leverage to open larger positions than they can cover with capital alone. However, leverage magnifies both profits and losses, turning sudden price movements into margin calls.

For example, 20x leverage allows a $10,000 position to control $200,000 in cryptocurrency value. But still, an unfavorable move of a paltry 5% will drain a trader’s capital and trigger a liquidation. And since most liquidations come from long-term traders, those betting on the possibility of further upside amid Bitcoin’s two-step-forward, one-step retreat volatility continue to be punished.

In fact, the second selling activity in the last four hours resulted in an additional $47.83 million in liquidation. Of these, 91.05% came from distressed long positions. According to Coinglass, the same top coins have seen traders being thrown to the wolves, while ORDI has maintained an unexpected spot among the leaders.

Between major exchanges Binance and OKX, traders recorded liquidations worth $82.56 million and $60.51 million respectively on the last day. Platform Bybit ranked third in the period, recording $27.05 million in forced liquidation.

With Bitcoin struggling to stay above the $43,000 support, liquidation volume is currently showing little sign of abating. With sentiment indicators still driving greed and volatility rising, traders who use excessive leverage risk getting caught up in the downturn.

In the past day, when cryptocurrency assets began to swing aggressively, razor blade leverage became something traders would explore.

One bad bet can quickly spread into millions of dollars in evaporated positions when measured in aggregate across exchanges. For vulnerable organs obsessed with Bitcoin’s recovery, the lesson strikes once again. Irrational enthusiasm inevitably takes its toll.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

Bitcoin Price Struggle $ 113K -Will Bulls take a break?

September 9, 2025

If this trend is owned, the XRP price is $ 3.4 and you can see 20% bounce.

September 6, 2025
Add A Comment

Comments are closed.

Recent Posts

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

BNBCapital Emerges As Top Immutable DeFi Protocol With 239% Returns And Zero Admin Functions

September 12, 2025

MEXC Enhances Futures Trading With Multi-Asset Margin Mode Across 14 Tokens

September 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025
Most Popular

Cilinix Crypto Review 5th Sscape, AR/VR gaming platform, pre-sale volume approaches $6 million

May 1, 2024

Top Trending Cryptocurrencies on TRON Chain Today – PussFi, Cyber ​​Dog, FRED

November 16, 2024

AAVE Turns Bearish: Is a Massive Selloff Coming?

September 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.