CryptoBearishBlockonomi · 3h ago7/10
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Bitcoin Traders Lost $762M in 72 Hours as Hormuz Headlines Reversed
Bitcoin experienced extreme volatility over 72 hours triggered by conflicting geopolitical headlines about Iran's Strait of Hormuz, resulting in $762M in total liquidations across leveraged positions. A 4% price swing wiped out both long and short traders despite many making correct directional calls, exposing the risks of high-leverage trading during geopolitical uncertainty.
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