{"id":67261,"date":"2025-05-18T18:28:10","date_gmt":"2025-05-18T18:28:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=67261"},"modified":"2025-05-18T18:28:10","modified_gmt":"2025-05-18T18:28:10","slug":"liquidations-on-the-rise-as-bitcoin-btc-pumps-and-dumps-on-sunday","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=67261","title":{"rendered":"Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday"},"content":{"rendered":"

Following a relatively boring Friday and Saturday, bitcoin\u2019s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000.<\/p>\n

However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant.<\/p>\n

<\/a>BTCUSD. Source: TradingView<\/p>\n

Recall<\/a> our Market Watch from this morning, which informed that BTC had returned to familiar ground at around $104,000 after a brief dip below $103,000, which allowed an anonymous whale to open a massive long position<\/a> worth nearly $400 million on Hyperliquid.<\/p>\n

Live data from CoinGlass indicates that the large market participant has closed a portion of his position, which is now worth a more modest $337 million.<\/p>\n

This transpired in the past few hours, during which BTC\u2019s price quickly pumped from $104,000 to a multi-month peak at $106,000, where it faced a violent rejection and was pushed south to its starting point within minutes.<\/p>\n

The total value of wrecked positions has risen to almost $280 million on a daily scale, with the majority of that taking place in the past 12 hours.<\/p>\n

BTC short positions actually have the second-biggest share of the pie, as ETH longs dominate with over $80 million.<\/p>\n

<\/a>Liquidation Heat Map. Source: CoinGlass<\/p>\n

More than 90,00 traders have been wrecked in the past day, while the single-largest liquidated position took place on HTX, involved the ETH\/USDT pair, and was worth $8.21 million, says CoinGlass.<\/p>\n

The post Liquidations on the Rise as Bitcoin (BTC) Pumps and Dumps on Sunday<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Following a relatively boring Friday and Saturday, bitcoin\u2019s price went on the offensive on Sunday evening and shot up to its highest level since the end of January at $106,000. However, the bears were quick to step up at this point, and the asset plunged by two grand in an instant. BTCUSD. Source: TradingView Recall […]<\/p>\n","protected":false},"author":0,"featured_media":67262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-67261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67261"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67261"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/67261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/67262"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}