Crypto Longs Blow Up as $513M Wiped Out in Just Four Hours

Crypto traders leaning bullish got hit hard Thursday morning. Roughly $513 million in positions were liquidated in a four-hour stretch ending at 10:16 a.m. ET, according to tokenpost.com. The wreckage was lopsided: long liquidations hit $485 million, while shorts gave up just $28.33 million.

That means the long side bled more than 17 times what shorts lost in the same window. When one side of the book gets steamrolled that badly, it usually signals a sharp downward move that caught leveraged bulls off guard.

Bitcoin took the biggest single-asset hit, with $154 million liquidated. Ether followed at $82.17 million. Stack them together and the two majors account for about $236 million of the total, or roughly 46%.

Bitcoin's tally came in at nearly double Ether's, a gap of $71.83 million. The remaining slice of the $513 million was spread across the rest of the market.

One caveat worth keeping in mind: this is a four-hour snapshot, not a full-day scorecard. Liquidation totals shift fast, and a single window can look brutal while the broader day tells a different story.