Bitcoin Logged 13 Days of $500M-Plus Liquidations in the Past Year

Bitcoin traders have been getting smoked on repeat. Over the past year, 13 separate days produced more than $500 million in liquidations, according to tokenpost.com. Three of those sessions topped $1 billion. In the most recent 24-hour sell-off, roughly $1.3 billion in long positions were liquidated, and Bitcoin absorbed most of that total.

The mechanics behind those numbers are brutal but simple. Crypto derivatives trading is now standard, and high leverage means macro shocks hit harder. Liquidity also tends to thin out before European trading hours begin, a window where stop-loss orders can fire one after another and snowball into forced closures.

Not everyone reads a sell-off as pure gloom. One competing view holds that a pullback in AI stocks could pull speculative money toward dip-buying in technology shares instead of Bitcoin, redirecting cash away from crypto.

Spot Bitcoin ETFs have helped recast BTC as a macro asset, which puts it in direct competition with other investments for a limited pool of risk capital. That framing matters when the same traders weighing a BTC entry are also eyeing beaten-down AI names.