{"id":74059,"date":"2026-06-15T10:55:57","date_gmt":"2026-06-15T10:55:57","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k\/"},"modified":"2026-06-15T10:55:57","modified_gmt":"2026-06-15T10:55:57","slug":"150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k\/","title":{"rendered":"$150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">About $150 million in crypto shorts were liquidated as bitcoin reclaimed $65,000 behind yesterday\u2019s U.S.-Iran peace deal.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Spot bitcoin ETFs logged $316 million in outflows over the week gone by, a fifth straight weekly drop.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">An official of the truce is set for Friday, a catalyst many analysts believe could decide whether the short squeeze holds.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">Short Squeeze Follows Geopolitical De-escalation<\/span><\/h2>\n<p><span style=\"font-weight:400\">About $150 million in short positions were liquidated following the U.S.-Iran peace agreement<\/span><span style=\"font-weight:400\">. The wipeout came as <span>bitcoin<\/span> <\/span><span style=\"font-weight:400\">climbed back above $65,000<\/span><span style=\"font-weight:400\">, after U.S. President Donald Trump declared the deal \u201cofficially complete\u201d and said the Strait of Hormuz is now open.<\/span><\/p>\n<p><span style=\"font-weight:400\">Liquidations of this nature occur when an exchange forcibly closes a leveraged position because the trader can no longer meet margin requirements. Short liquidations happen when prices rise sharply, forcing <span>bearish<\/span> traders to buy back the asset, which can accelerate the very rally that triggered the squeeze.<\/span><\/p>\n<figure id=\"attachment_823132\" aria-describedby=\"caption-attachment-823132\" style=\"width:595px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-823132\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">The move came alongside a broader risk-on rotation as crude oil prices <\/span><span style=\"font-weight:400\">crashed roughly 4%<\/span><span style=\"font-weight:400\"> behind news of the de-escalation (easing <span>inflation<\/span> fears and lifting appetite for risk assets). With the Strait of Hormuz, a waterway handling about 20% of global oil, set to reopen, traders unwound bets that had been built around a prolonged Middle East conflict.<\/span><\/p>\n<p><span style=\"font-weight:400\">For <span>bitcoin<\/span>, the rebound followed weeks of pressure, given the market had drifted lower amid <a href=\"https:\/\/news.bitcoin.com\/bitcoin-etf-outflows-slow-to-19-million-as-blackrock-and-morgan-stanley-buy\/\">sustained institutional outflows<\/a>, leaving leveraged short sellers confident enough to press their bets. <\/span><span style=\"font-weight:400\">As soon as the peace announcement went live, all such positions unwound quickly.<\/span><\/p>\n<p> <a href=\"https:\/\/www.bitcoin.com\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin.com<\/a> News has documented repeated examples of this same scenario, including a single hour in which $150 million in shorts was liquidated as <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> <a href=\"https:\/\/news.bitcoin.com\/150-million-crypto-shorts-liquidated-bitcoin-80000\/\">cleared $80,000<\/a>, and a 15-minute stretch that erased <a href=\"https:\/\/news.bitcoin.com\/bitcoin-bounce-320-million-crypto-shorts-liquidated\/\">$320 million in shorts<\/a> as <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> bounced toward $64,000.<\/p>\n<h2><span style=\"font-weight:400\">Institutional Outflows Cloud the Rally<\/span><\/h2>\n<p><span style=\"font-weight:400\">Despite the bounce, the institutional picture remains cautious. Spot <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> exchange-traded funds (ETFs) saw <\/span><a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/2066369000356061217\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">$316 million in net outflows<\/span><\/a><span style=\"font-weight:400\"> during the week of June 8 to June 12, marking a fifth straight week of withdrawals, with spot ethereum ETFs recording a further $14.91 million in outflows over the same period.<\/span><\/p>\n<figure id=\"attachment_823138\" aria-describedby=\"caption-attachment-823138\" style=\"width:2560px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-823138\" title=\"$150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k-2_nwmk-scaled.jpg\" alt=\"$150 Million in Crypto Shorts Liquidated as Bitcoin Closes in on $66K\" width=\"2560\" height=\"810\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k-2_nwmk-300x95.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k-2_nwmk-1024x324.jpg 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k-2_nwmk-768x243.jpg 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k-2_nwmk-1536x486.jpg 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k-2_nwmk-2048x648.jpg 2048w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/150-million-in-crypto-shorts-liquidated-as-bitcoin-closes-in-on-66k-2_nwmk-scaled.jpg 2560w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\"\/><figcaption id=\"caption-attachment-823138\" class=\"wp-caption-text\">Image source: Sosovalue<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">That divergence (between a leverage-driven price pop set against steady fund redemptions) leaves the rally\u2019s foundation uncertain. Liquidation-fueled moves can reverse as quickly as they appear once the forced buying is exhausted.<\/span><\/p>\n<p><span style=\"font-weight:400\">The next test will be whether spot demand returns to support prices once the short-covering fades. An official <\/span><a href=\"https:\/\/www.cnbc.com\/2026\/06\/14\/us-iran-war-peace-deal.html\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">signing ceremony for the peace deal<\/span><\/a><span style=\"font-weight:400\"> is scheduled for Friday in Switzerland, an event that could either reinforce the risk-on mood or, if it falters, hand momentum back to the bears. <\/span><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/crypto-shorts-liquidated-bitcoin-65k-iran-deal\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways About $150 million in crypto shorts were liquidated as bitcoin reclaimed $65,000 behind yesterday\u2019s U.S.-Iran peace deal. Spot bitcoin ETFs logged $316 million in outflows over the week gone by, a fifth straight weekly drop. An official of the truce is set for Friday, a catalyst [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":74060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74059"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74059"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74059\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74060"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}