Bitcoin, ether whipsaw wipes out $286 million in leveraged bets

CryptoInfo Editorial Team · Published on July 30, 2026 at 06:59 · Updated on July 30, 2026 · 1 min read

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Key Takeaways

→$286 million in leveraged bets were wiped out due to bitcoin and ether price volatility
→Roughly 90,000 traders were affected by the price swings
→Losses were evenly distributed between bulls and bears

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

Bitcoin and ether price volatility around the Federal Reserve's rate decision has resulted in significant losses for traders. According to reporting from CoinDesk, price swings wiped out $286 million in leveraged bets, clearing positions for roughly 90,000 traders.

The losses were unusually evenly distributed between bulls and bears, with neither side experiencing significantly more losses than the other. This volatility occurred despite the fact that prices for bitcoin and ether remain relatively flat over a 24-hour period.

Source: CoinDesk ↗

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