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Stock impact report

Bitcoin, AI stock slide sees over $500 million in bullish bets wiped out [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Bitcoin and major altcoins fell throughout U.S. trading hours as macro uncertainty continued to pressure risk assets. Many crypto-related stocks, including leaders Coinbase and Strategy, posted deeper slumps than crypto itself. AI-linked stocks, such as Broadcom and Oracle continue to reel from soft earnings results last week, as CoinDesk reported earlier Monday. Data shows 181,893 traders were liquidated, with long positions accounting for over 87% of total losses — a clear sign that the move was driven less by fresh bearish catalysts and more by the market's inability to sustain crowded bullish bets. Bitcoin and ether led the wipeout, posting $174.3 million and $189 million in liquidations respectively, according to liquidation heatmap data. The largest single liquidation order was a $11.58 million BTCUSDT position that occurred on Binance. Binance, Bybit and Hyperliquid together accounted for nearly three-quarters of total liquidations, with Hyperliquid standing out for th Show less Read more
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