$286 million liquidated, over 87,000 traders affected by Federal Reserve meeting volatility

Odaily Planet Daily News Bitcoin News posted on platform X, stating that according to CoinGlass data, major cryptocurrencies have seen little change over the past 24 hours, but price fluctuations before and after the Federal Reserve meeting triggered approximately $286 million in liquidations, involving over 87,000 traders. Among them, long positions were liquidated for $186 million, and short positions were liquidated for $100 million. Bitcoin alone saw liquidations of approximately $57 million, with long and short positions experiencing similar loss magnitudes. A price swing of about 2% led to the liquidation of both leveraged longs and shorts. After liquidations on both sides were cleared, Bitcoin is now trading above its level before the Fed announced it would hold interest rates steady.