---
title: "Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'"
url: https://diffcoin.com/bitcoin-speculators-sit-on-93-unrealized-losses-after-365m-wipeout/
description: "Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown. Source link"
published: 2024-08-08
updated: 2024-08-08
author: "Mila"
site: "Diffcoin"
---

# Bitcoin speculators sit on 93% unrealized losses after $365M 'wipeout'

Bitcoin futures liquidations leave market newcomers licking their wounds after a giant BTC price drawdown.

[Source link](https://cointelegraph.com/news/bitcoin-speculators-93-unrealized-losses-365m-wipeout?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)