Over $150M in Crypto Leveraged Positions Liquidated as Prices Surge

Crypto derivatives traders suffered over $150M in liquidations as prices surged.

$110M in liquidations were leveraged shorts - traders betting prices would fall.

Bitcoin traders saw $55M in liquidations, ether traders $29M.

Chainlink traders suffered over $9M in liquidations as LINK hit a multi-month high.

Liquidations occur when exchanges close leveraged positions due to margin loss from price moves.