13-5-2025 – A massive shakeout rattled the digital currency markets yesterday, with traders facing staggering losses as positions worth $716 million were forcibly closed. The carnage predominantly struck bullish investors, who saw $515 million in long positions wiped out, whilst bearish bets suffered a comparatively lighter blow of $201 million in liquidations.
The latest Coinglass figures paint a stark picture of the market turbulence, where automated margin calls triggered a cascade of position closures across major cryptocurrency exchanges. The data highlights how overleveraged traders, particularly those betting on price increases, found themselves on the wrong side of sudden market movements.
