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

Odaily News: Bitcoin has experienced 13 single-day liquidation events exceeding $500 million within a year, three of which surpassed $1 billion. In the latest sell-off, long positions liquidated across the crypto market over 24 hours reached approximately $1.3 billion, with Bitcoin positions accounting for the majority. Industry insiders noted that large-scale liquidation events have been more frequent over the past 12 months than before, as high-leverage trading and macroeconomic shocks exacerbate position stampedes; liquidity is low before the European trading session begins, making stop-loss orders prone to cascading triggers.