13 daily liquidations exceeding $500 million within a year, indicating more frequent large-scale liquidations of Bitcoin

Odaily Planet Daily News: Bitcoin experienced 13 daily liquidation events exceeding $500 million within a year, with three surpassing $1 billion. In the latest round of selling, the total short squeeze in the crypto market reached approximately $1.3 billion over 24 hours, with Bitcoin positions accounting for the majority. Industry experts point out that large-scale liquidation events have become more frequent over the past 12 months compared to previous periods, driven by high-leverage trading and macroeconomic shocks exacerbating cascade margin calls; low liquidity before European trading hours increases the likelihood of triggering a chain reaction of stop-loss orders.