{"id":31677,"date":"2025-06-13T08:33:52","date_gmt":"2025-06-13T08:33:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31677"},"modified":"2025-06-13T08:33:52","modified_gmt":"2025-06-13T08:33:52","slug":"single-bitcoin-trader-loses-200m-as-crypto-bulls-see-1b-liquidations","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31677","title":{"rendered":"Single Bitcoin Trader Loses $200M as Crypto Bulls See $1B Liquidations"},"content":{"rendered":"<div>\n<p>Crypto bulls took a heavy beating on Thursday with over $1.15 billion in liquidations wiping out leveraged positions across major exchanges, marking one of the bloodiest days for crypto markets in recent months.<\/p>\n<p>The largest single liquidation was a bitcoin BTC long position on Binance, valued at $200 million, making it one of the biggest one-off losses in the year so far. It is unclear which trading firm or individual was behind that position, as exchanges don\u2019t make that data public.<\/p>\n<p>Data from Coinglass shows over 247,00 traders were liquidated in the 24-hour span. Long traders bore the brunt, accounting for over $1 billion in losses \u2014 reflecting overly optimistic positioning after a week of bullish sentiment fueled by Circle\u2019s high-profile IPO and a resurgence in U.S.-focused DeFi narratives.<\/p>\n<p>BTC lost more than 3% to trade at $104,700 in Asian afternoon hours, while ether ETH sunk 8% to $2,530. Tokens like solana&#8217;s SOL SOL and dogecoin DOGE also slid over 8%, while XRP XRP fell to $2.20.<\/p>\n<p>Crypto exchanges Binance and Bybit accounted for more than $834 million in liquidated trades, the most among counterparts.<\/p>\n<p>Liquidations occur when traders use borrowed funds to bet on asset prices and fail to maintain a sufficient margin to cover their positions. Exchanges then forcibly close positions to prevent further losses, a built-in risk feature that often results in chain reactions during volatile moves.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crypto bulls took a heavy beating on Thursday with over $1.15 billion in liquidations wiping out leveraged positions across major exchanges, marking one of the bloodiest days for crypto markets in recent months. The largest single liquidation was a bitcoin BTC long position on Binance, valued at $200 million, making it one of the biggest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31677","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31677"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31677\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}