Bitcoin News Today: Bitcoin Dips 1.2% Amid $140M Long Liquidations as 213K Traders Exit

Bitcoin experienced a sharp decline, dropping below $115,000 on July 15, 2025, amid widespread liquidation of long positions across major cryptocurrencies. The leading digital asset faced $140.06 million in long liquidations within 24 hours, accounting for a significant portion of the total $731.93 million in trader losses during the same period [1]. Over 213,729 traders exited the market as leveraged positions were wiped out, marking one of the largest single-day liquidation events in recent history [2]. Ethereum and Dogecoin also suffered declines, with $104.76 million and $26 million in liquidations, respectively, as prices for both assets dropped by over 1.3% and 7% [1].

Despite the abrupt sell-off, Bitcoin staged a partial recovery, rebounding to $117,200 by late July. However, this price level still reflected a 1.2% decline over the previous 24 hours [1]. The rebound coincided with Galaxy Digital’s sale of 80,000 Bitcoin, a transaction analysts described as one of the largest national Bitcoin transfers, raising concerns about its potential impact on market stability [1].

Market sentiment, though rattled, remained cautiously optimistic. The Crypto Fear & Greed Index reached 70 points on July 15—a level typically associated with bullish sentiment—suggesting investors viewed the downturn as a short-term correction rather than a sustained bearish trend [1]. This optimism contrasted with broader fragility in leveraged trading strategies, as CoinGlass data revealed that long liquidations totaled $585.86 million by July 25, reflecting ongoing pressure on bullish positions despite Bitcoin’s return to $117,000 [3].

The liquidation event underscored the interconnectedness of crypto markets and the risks of leveraged trading during volatile periods. TradingView’s analysis noted that the July 15 correction represented one of the largest liquidation waves in recent memory, with nearly $600 million in trader losses [4]. Analysts highlighted the amplifying role of algorithmic trading and institutional activity, such as BlackRock’s ETF-related moves, in exacerbating price swings. While these dynamics added complexity to market behavior, the core issue remained the rapid unwinding of speculative bets during sharp corrections [4].

The episode highlighted the challenges of navigating a market where leverage and algorithmic strategies create both opportunities and vulnerabilities. Observers remain divided on whether the correction will serve as a turning point or a temporary fluctuation in Bitcoin’s long-term trajectory.

Source:

[1] [Bitcoin Resurges From $115K Amid Significant Liquidation in Long Positions]

https://blockchainreporter.net/bitcoin-resurges-from-115k-amid-significant-liquidation-in-long-positions/

[2] [BlockchainReporter Weekly News Review: Stocks and Gold Go Onchain]

https://blockchainreporter.net/blockchainreporter-weekly-news-review-stocks-and-gold-go-onchain/

[3] [Real-Time Crypto News, Latest Cryptocurrency Updates]

https://www.coinglass.com/news

[4] [Bitcoin Trade Ideas — BITSTAMP:BTCUSD]

https://www.tradingview.com/symbols/BTCUSD/ideas/page-18/