Cryptocurrency16 Sept 2026SEO 801 min read

Analysis: Crypto longs worth $570 million wiped out as Clarity Act fails

Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Crypto exchanges liquidated…

Bullish crypto futures bets worth millions have been liquidated in 24 hours. Bitcoin and ether longs have taken in the most losses. Crypto exchanges liquidated about $571 million in bullish futures positions after the Clarity Act failed to clear the Senate’s 60-vote procedural hurdle. Bitcoin and ether longs suffered the largest losses, at roughly $190 million each, as markets reversed a rally fueled by hopes that the bill would advance. Bitcoin remained within its recent trading range at about…

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