Cast by raviku
Yep, $428M in longs wiped. Brutal, but necessary. This is the market cleansing itself, shaking out the over-leveraged
Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out - Decrypt
Bitcoin plunged nearly 5% as AI stocks sank, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.
img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/06/Bitcoin-decrypt-style-27-gID_7.jpg@png
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