# Crypto longs just lost $500M in one move

Page: https://stenobird.com/podcast/token-metrics-daily-pulse-325615/crypto-longs-just-lost-500m-in-one-move
Text version: https://stenobird.com/podcast/token-metrics-daily-pulse-325615/crypto-longs-just-lost-500m-in-one-move.md
Podcast: [Token Metrics Daily Pulse](https://stenobird.com/podcast/token-metrics-daily-pulse-325615)
Published: 2026-05-16T19:36:21+00:00
Episode link: https://www.spreaker.com/episode/crypto-longs-just-lost-500m-in-one-move--72034423
Audio file: https://dts.podtrac.com/redirect.mp3/api.spreaker.com/download/episode/72034423/daily_pulse_2026_05_16.mp3
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JSON: https://stenobird.com/v1/public/podcasts/token-metrics-daily-pulse-325615/episodes/crypto-longs-just-lost-500m-in-one-move
Duration seconds: 415

## Resource

$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. 📰 Read the full Daily Pulse: https://pulse.tokenmetrics.com/p/crypto-longs-just-lost-500m-in-one-move-may-16-2026?utm_source=spreaker&utm_medium=audio&utm_campaign=daily_pulse_podcast 🔔 Subscribe for daily crypto market updates! ⚠️ Disclaimer: This content is for educational purposes only and does not constitute investment advice. Always do your own research. #crypto #bitcoin #ethereum #dailypulse #tokenmetrics Sign up for the Daily Pulse at tokenmetrics.com

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## Transcript

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