Massive $34.08M Bitcoin Long Liquidations Triggered by Ancient Whale Sell-Off on July 15

On July 15, data from Coinglass revealed a significant market event where approximately $89.61 million in liquidations occurred within a single hour. This sharp downturn was primarily driven by the selling activities of large, long-term holders, often referred to as ancient whales. Notably, Bitcoin long positions accounted for a substantial portion of the liquidations, with over $34.08 million being forcibly closed. This episode underscores the volatility inherent in the cryptocurrency markets and highlights the impact that major stakeholders can have on price dynamics and market liquidity.

‘,
‘

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,
‘

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!

‘
];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();