$300 Million in Crypto Positions Liquidated Within 20 Minutes of Clarity Act Failure

According to Arzdigital, after the Clarity Act failed to clear a procedural vote in the US Senate late Tuesday, September 15, 2026 (24 Shahrivar 1405), the crypto market reacted swiftly, with about 300 million dollars in long positions liquidated within just 20 minutes. Per the report, leverage in the derivatives market had noticeably declined before the vote, with funding rates near zero and futures premiums below 5 percent, conditions analysts say make Bitcoin unusually sensitive to fresh political headlines.