Crypto longs just lost $500M in one move

Crypto longs just lost $500M in one move

Author: Token Metrics May 16, 2026 Duration: 6:55
$500M in crypto longs wiped out today. BTC slides to $78k. Fear & Greed craters to 31, down 12 points overnight. The market just reminded everyone who's in charge.

Today's key developments:
• $500M in crypto longs liquidated as BTC slides to $78k, SOL and XRP fall 5%.
• The Crypto Market Structure (Clarity Act) cleared the Senate Banking Committee, but analysts say significant hurdles remain before it becomes law.
• Lombard Finance is moving $1B in Bitcoin assets from LayerZero to Chainlink infrastructure.


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Author: Language: English Episodes: 92

Token Metrics Daily Pulse
Podcast Episodes
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