Crypto-margined Bitcoin futures have collapsed from near-total dominance to about 12%. But leveraged traders are still placing big bets.

Bitcoin's drop below $76,000 triggered $100 million in long liquidations, extending a brutal 2026 pattern of leveraged trader blowups across

A wallet tracked as bowen1476 has lost on 14 straight bitcoin shorts totaling $4.56 million as a Treasury-fueled BTC rally keeps squeezing bears.