Markets
Derivatives Liquidations Reach $250M in Fifteen Minutes
A thin order book and clustered leverage produced one of the sharpest intraday unwinds of the quarter.
By Marcus Vane
Roughly $250 million in leveraged positions were closed out across major venues in a fifteen-minute window, according to venue data compiled by Bitcoin Bounty Hunter.
Order-book depth had thinned through the preceding session, amplifying the price impact of forced selling. Funding rates normalised within two hours.
About the author
Marcus Vane is Markets Editor at Bitcoin Bounty Hunter. Marcus Vane leads market coverage at Bitcoin Bounty Hunter. He spent nine years on institutional trading desks before moving to journalism in 2019.
Last updated Aug 14, 2026, 09:58 AM UTC · Spotted an error? Request a correction
