Bitcoin
Bitcoin (BTC) Liquidation Wave Tops $666 Million as Longs Take the Brunt
COINOTAG·September 16, 2026·1 min read
Crypto derivatives unwound $666 million in leveraged positions over the past 24 hours, with 85% from longs. The liquidation wave hit as Bitcoin price dropped, forcing out leveraged traders. Nearly all forced liquidations came from one side of the book, indicating long positions were caught off guard.
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