A trader deposited roughly 500,000 USDC into the decentralized perpetuals platform Hyperliquid early Wednesday and leveraged it 40 times, opening a $20.32 million bitcoin short with a liquidation threshold sitting…

A trader closed a 700 bitcoin short position on Tuesday at a $1.94 million loss, erasing all $1.71 million in profits from 11 consecutive winning trades in a single position…

On Monday, bitcoin is coasting along at $68,494 per unit as short sellers pile in at levels not seen since August 2024, setting up a high-stakes standoff in the derivatives…

As bitcoin and ether climb steadily, driving the crypto economy upward, a wave of liquidations has swept through the crypto derivatives markets. In the past 24 hours alone, more than…