Bloomberg: Bitcoin Logged 13 $500M-Plus Liquidation Events in a Year as Leverage-Fueled Stampedes Grow More Frequent

November 14: According to Bloomberg, large-scale liquidations in the Bitcoin market are becoming more frequent. Data shows that over the past year there have been 13 instances of single-day Bitcoin liquidations exceeding $500 million, three of which topped $1 billion; in the latest selloff, long positions worth about $1.3 billion were liquidated across the crypto market within 24 hours, with Bitcoin positions accounting for the bulk of it.

Industry insiders pointed out that large-scale liquidation events over the past 12 months have been more frequent than before, with high-leverage trading and macro news shocks aggravating position stampedes. Derivatives trading has become the norm in the crypto market, and liquidity is thin before the European trading session begins, making it easy to trigger a chain reaction of stop-loss orders.

At the same time, another view has emerged in the market: a pullback in AI stocks may offer investors more attractive dip-buying opportunities, drawing speculative capital into tech stocks rather than into Bitcoin as some market participants had previously expected. As spot Bitcoin ETFs help BTC gradually become a macro asset, Bitcoin has begun competing with other assets for limited risk capital.