Bitcoin, ether whipsaw wipes out $286 million in leveraged bets
Price volatility around the Federal Reserve's rate decision cleared positions for roughly 90,000 traders, with unusually equal losses for bulls and bears.
Source: CoinDesk
―
DW NOTE
The Fed meeting triggered a $286 million liquidation event — but prices didn't move. Bitcoin swung 2% and settled exactly where it started. That's not volatility, that's coordinated stop-hunting. Leveraged traders on both sides got rinsed while spot holders saw nothing.