Massive Liquidation on HTX Exchange: $61 Million Bitcoin Loss in Single Trade

Market Slump and Massive Liquidations Bitcoin's retreat from its weekend high of $68,600 to $64,300 has triggered a widespread wave of liquidations across the cryptocurrency market.
As weekend gains were rapidly erased, approximately $468 million in futures positions—the majority of which were long positions—were forcibly closed.
Record Loss on HTX Exchange The most notable loss during this period occurred on the HTX exchange.
According to CoinGlass data, a single BTC-USDT trade saw a position worth $61.5 million liquidated.
Analysts suggest this figure points to a position held by a large whale or an institutional fund rather than an individual margin call.
A total of 137,422 traders were affected by this wave, with investors holding bullish (long) positions accounting for 93% of the total losses.
Asset Distribution and Altcoin Losses Bitcoin led the market-wide liquidations with $213.62 million, followed by other major assets: Ether (ETH): $113.89 million Solana (SOL): $19.89 million Hyperliquid (HYPE): $10.72 million Analysts emphasize that while investors increase leverage with every price rise, the market resets the cycle harshly by liquidating these positions.
Fear Index at Critical Levels The selling pressure pushed the Crypto Fear and Greed Index down to just 5 out of 100.
This level, categorized as "extreme fear," has only been seen three times since the index's inception in 2018: August 2019, June 2022, and earlier this month.
Bitcoin continues to trade approximately 48% below its record peak of $126,000 reached in October, while daily net losses for new investors are reported to be around $500 million.