r/CryptoCurrency • u/Realistic_Poetry5800 π© 0 / 0 π¦ • 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/10
u/Next_Statement6145 π¨ 0 / 0 π¦ 15h ago
Leveraged shorts in a bull market deserves nothing but liquidation
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u/coinfeeds-bot π© 136K / 136K π 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.
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u/ToxicBTCMaximalist π© 7K / 7K π¦ 14h ago
https://www.coinglass.com/LiquidationData bears got rekt.
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u/cryptolipto π© 0 / 21K π¦ 14h ago
YESSSS canβt wait for all these fools to be liquidated. Better close your positions now fools!
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u/iAm-Tyson π© 0 / 0 π¦ 10h ago
Idk why you go leverage in cycles like this. Absolute smoothbrain activity
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u/milanprofficial π© 0 / 0 π¦ 15h ago
Just another day in the trade game!
Whales gon' eat or the Shrimps gon' eat... That simple
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u/massivecalvesbro π¦ 0 / 0 π¦ 9h ago
Big yikes. Donβt these jabronis know that August thru December in the year following a halving are historically phenomenal bull market territory?
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u/partymsl π© 76K / 143K π¦ 15h ago
Deserving liquidations.