13 Single-Day Liquidations Exceeding $500 Million in a Year, Bitcoin Large-Scale Liquidations More Frequent

Odaily reports that Bitcoin has experienced 13 single-day liquidation events exceeding $500 million within a year, with 3 of them surpassing $1 billion. In the latest sell-off, long positions liquidated across the crypto market within 24 hours reached approximately $1.3 billion, with Bitcoin positions accounting for the majority. Industry insiders note that large-scale liquidation events over the past 12 months have been more frequent than before, as high-leverage trading and macro news shocks have intensified position cascades; liquidity tends to be thin before the European trading session begins, making stop-loss orders prone to chain-triggering.