Bitcoin price: Rare split liquidation as crypto longs and shorts both get hit
CoinDesk
A rare market event caused liquidations for both Bitcoin long and short positions due to significant price swings.Summary
Bitcoin experienced a rare “split liquidation” event where both long and short positions were forcefully closed due to rapid price fluctuations. This occurred as the price of Bitcoin moved sharply, triggering liquidation cascades on both sides of the market. Such events are uncommon as typically, a price increase liquidates shorts and a decrease liquidates longs, but this instance saw significant movement impacting both.
(Source：CoinDesk)