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The post <a href="https://coinpedia.org/crypto-live-news/crypto-sell-off-leads-to-100-million-liquidation/" rel="noopener noreferrer nofollow">Crypto Sell-Off Leads to $100 Million Liquidation</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
The crypto market took a hit after the Bank of Japan announced a potential interest rate hike in January 2025, sparking fears of a broader market crash. A stronger Yen could trigger mass liquidations, with crypto likely the first to be sold off. On September 3, $100 million was liquidated, with long traders suffering $65.08 million in losses, compared to $35.24 million for short positions. Ether faced $21.9 million in liquidations in 12 hours, while Bitcoin’s long liquidations hit $18.44 million. Despite the downturn, positive funding rates suggest lingering bullish sentiment.

Crypto Sell-Off Leads to $100 Million Liquidation

CoinPedia News

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