$50M worth of bitcoin shorts liquidated in the past 60 minutes

Thursday, Jul 10, 2025 12:39 pm ET1min read

$50M worth of bitcoin shorts liquidated in the past 60 minutes

In a significant development in the cryptocurrency market, $50 million worth of Bitcoin shorts were liquidated in just 60 minutes. This event, which occurred on July 9, 2025, highlights the volatile nature of the Bitcoin market and the impact of sudden price movements.

The liquidation event happened as Bitcoin (BTC) set a new all-time high (ATH) of $112,000 on Binance. This price surge, which occurred amid a broader bullish trend in the crypto market, led to a substantial increase in the value of long positions and a corresponding liquidation of short positions. According to data from various sources, the liquidation of Bitcoin shorts reached $192 million in total, with $50 million of that amount occurring within the span of 60 minutes.

The sudden price increase in Bitcoin, which exceeded its previous ATH of $111,900, triggered a wave of forced liquidations among traders who had taken short positions. This liquidation event is a stark reminder of the risks associated with leveraged trading in the cryptocurrency market. The extreme volatility and the potential for significant price movements underscore the importance of risk management strategies for both retail and institutional investors.

The liquidation of Bitcoin shorts is not an isolated incident. It is part of a broader trend of increased institutional interest in Bitcoin and other cryptocurrencies. The recent announcement by Nano Labs, a leading Web 3.0 infrastructure provider, of a $50 million investment in Binance Coin (BNB) also reflects the growing acceptance of cryptocurrencies as treasury assets. This shift towards altcoin-focused treasury strategies is similar to the strategy employed by MicroStrategy, which has invested heavily in Bitcoin.

The liquidation of Bitcoin shorts is likely to have a significant impact on the crypto market in the coming days. As traders and investors assess the implications of this event, it is important to monitor market sentiment and technical indicators to gauge the potential for further price movements. The crypto market is known for its volatility, and such liquidation events can have a cascading effect, leading to further price fluctuations.

In conclusion, the liquidation of $50 million worth of Bitcoin shorts in 60 minutes is a testament to the volatile nature of the cryptocurrency market. As investors and traders navigate this dynamic landscape, it is crucial to stay informed and adopt appropriate risk management strategies. The crypto market's potential for significant price movements underscores the importance of vigilance and a long-term perspective.

References:
1. [https://coinpedia.org/news/nano-labs-invests-50m-in-bnb-eyes-1-billion-in-treasury/](https://coinpedia.org/news/nano-labs-invests-50m-in-bnb-eyes-1-billion-in-treasury/)
2. [https://cryptonewsland.com/bitcoin-set-new-ath-of/](https://cryptonewsland.com/bitcoin-set-new-ath-of/)
3. [https://u.today/bitcoin-skyrockets-23575-in-one-hour-in-abnormal-liquidation-imbalance](https://u.today/bitcoin-skyrockets-23575-in-one-hour-in-abnormal-liquidation-imbalance)

$50M worth of bitcoin shorts liquidated in the past 60 minutes

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