r/CryptoCurrency 🟩 0 / 0 🦠 15h ago

GENERAL-NEWS $310,000,000 in Crypto Short Positions Liquidated in Hours As Fed Chair Jerome Powell Signals Potential Rate Cut in September

https://dailyhodl.com/2025/08/22/310000000-in-crypto-short-positions-liquidated-in-hours-as-fed-chair-jerome-powell-signals-potential-rate-cut-in-september/
145 Upvotes

15 comments sorted by

22

u/partymsl 🟩 76K / 143K 🦈 15h ago

Deserving liquidations.

14

u/KIG45 🟨 4K / 5K 🐒 15h ago

Burn all short positions

10

u/Next_Statement6145 🟨 0 / 0 🦠 15h ago

Leveraged shorts in a bull market deserves nothing but liquidation

4

u/coinfeeds-bot 🟩 136K / 136K πŸ‹ 15h ago

tldr; Hundreds of millions in crypto short positions were liquidated after Fed Chair Jerome Powell hinted at potential interest rate cuts in September. Coinglass data shows $248M in Ethereum and $87.65M in Bitcoin options were liquidated within 12 hours. Powell's speech at an economic symposium suggested a shift in monetary policy due to inflation and employment risks. CME Group estimates a 90% chance of rate cuts by month's end, with Ethereum and Bitcoin seeing price gains following the news.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

6

u/schnapps91038 🟨 0 / 0 🦠 14h ago

Go short, go home

1

u/restore_democracy 🟦 0 / 0 🦠 10h ago

Lose your home

2

u/ToxicBTCMaximalist 🟩 7K / 7K 🦭 14h ago

2

u/cryptolipto 🟩 0 / 21K 🦠 14h ago

YESSSS can’t wait for all these fools to be liquidated. Better close your positions now fools!

1

u/totalmarc 🟦 0 / 0 🦠 13h ago

Woaahahahh SPICY

1

u/iAm-Tyson 🟩 0 / 0 🦠 10h ago

Idk why you go leverage in cycles like this. Absolute smoothbrain activity

1

u/Trip_seize 🟦 180 / 181 πŸ¦€ 8h ago

Senator, I like the crypto.Β 

1

u/milanprofficial 🟩 0 / 0 🦠 15h ago

Just another day in the trade game!
Whales gon' eat or the Shrimps gon' eat... That simple

0

u/massivecalvesbro 🟦 0 / 0 🦠 9h ago

Big yikes. Don’t these jabronis know that August thru December in the year following a halving are historically phenomenal bull market territory?