According to WatcherGuru, $550 million in long positions were liquidated within one hour on the cryptocurrency market. These leveraged positions were force-closed due to unmet margin requirements, revealing a significant deleveraging movement. This wave of liquidations reflects heightened market stress and could weigh on investor sentiment. Against this backdrop of volatility, the probability of Hyperliquid reaching $100 by the end of 2026 stands at 48.5%, up from 45% in previous days, according to prediction market data. Bitcoin, which was trading around $78,000 during similar recent selloffs, remains at the center of attention.
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