Add as a preferred source on GoogleCrypto Long Liquidations Top $210 Million as Bitcoin and Ether Fall
Bitcoin (BTC) neared $81,000 and Ether (ETH) approached $2,300. A Hyperliquid contract on reaching $100 by Dec. 31, 2026, was priced at 38.5% YES, down from 44% the prior day.
Traders holding leveraged bets on higher prices were forced out of more than $210 million in long positions as Bitcoin and Ether declined. Bitcoin (BTC) neared $81,000, while Ether (ETH) approached $2,300.
Long liquidations occur when trades built to benefit from rising prices are forcibly closed after the market moves against them. The closures reflected a retreat from bullish positions during the decline.
The liquidation update covered long positions across crypto markets, while a separate prediction contract tracked whether Hyperliquid would reach a $100 price target by year-end 2026. That contract was priced at 38.5% YES, compared with 44% the previous day.
Further movement in Bitcoin and Ether, along with broader economic conditions, are among the factors to watch in crypto markets.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.