Data shows cryptocurrency derivatives exchanges have racked up liquidations as Bitcoin and other assets have gone through a price retrace. Crypto Liquidations Have Crossed $500 Million During The Past Day According to data from CoinGlass, a massive amount of liquidations have piled up on digital asset derivatives platforms following the latest market volatility. “Liquidation” refers to the forceful closure that any open contract undergoes after it has incurred a loss of a specific degree (as defined by the exchange). Related Reading: Bitcoin Extreme Fear Streak Extends To 22 Days As Price Struggles Fast, violent moves tend to catch a large number of contracts off guard at once, so mass liquidation events tend to accompany them. The same has been the case with the volatility shown by Bitcoin and the company during the past day. As the table below shows, about $507 million in derivatives contracts have been liquidated over the last 24 hours. $438 million or 86% of the liquidations involved long contracts. This overwhelming majority in the leverage flush from the bullish bets is naturally because of the fact that the sharpest move inside this window was one to the downside. Bitcoin went from $67,700 to a low of $64,300 within the matter of a few hours. As the market has rebounded since this plunge, some short investors have also been liquidated, with their 24-hour liquidation figure sitting at $69 million. In terms of the individual assets, Bitcoin was once again the biggest contributor to the derivatives flush, with $233 million in contracts involved. Below is a heatmap that shows how liquidations have looked for the other coins. On-chain analytics firm Santiment has made an X post discussing the volatility, noting that it has caused a drop in the Bitcoin Open Interest. This indicator measures the total amount of positions related to BTC (in USD) that are currently open on all derivatives exchanges. As displayed in the above graph, the Bitcoin Open Interest plunged to $19.5 billion following the event, which is about half the level that the metric was at during the January peak of $38.3 billion. The indicator’s decline signifies a mix of liquidations and investors choosing to pull back on risk. Related Reading: Bitcoin Big-Money Exits: Large-Holder Supply Hits Lowest Since May 2025 In the same chart, Santiment has also attached the data for the Negative Sentiment, a metric that tracks the degree of bearish sentiment around BTC on the major social media platforms. This indicator has shot up alongside the price decline and hit a two-week high, implying a spike in FUD among retail investors. Bitcoin Price At the time of writing, Bitcoin is trading around $66,300, down nearly 5% over the past week. Featured image from Dall-E, chart from TradingView.com
Ethereum (ETH) has continued to decline alongside the rest of the crypto market, dropping over 9% in the daily timeframe and reaching new lows. As the cryptocurrency loses a “do-or-die” level, some analysts have expressed concern about ETH’s near-term future. Related Reading: Solana Eyes Deeper Correction As Bearish Pattern Confirmation Targets $40 Ethereum Correction Targets $1,500 On Thursday, Ethereum, the second-largest cryptocurrency by market capitalization, reached an eight-month low of $1,934 after dropping below the psychological $2,000 barrier for the first time since May. The cryptocurrency has traded between $2,100 and $4,400 over the past two years, moving between the upper and lower boundaries of its macro range throughout the cycle and only losing its crucial support during the Q1-Q2 2025 market correction. In the past five months, ETH’s price has declined by over 60% from its August all-time high (ATH) of $4,956, raising concerns about the cryptocurrency’s short- and mid-term performance. In an X post, market observer Daan Crypto Trades stated that the “overall price action has been awful this cycle, but the levels have been very clean” on Ethereum’s chart. “These horizontal areas are all you need to be watching for the Ethereum price, in my opinion,” he wrote. “Break one, target the next. Works both ways, obviously.” Based on this, the trader highlighted the lower half of the altcoin’s macro range, where it has been trading for half of the cycle. If Ethereum is unable to reclaim $2,000-$2,100 soon, then the price would likely retest the $1,800 area. “That’s the breakout level from before the large rally driven primarily by Tom Lee/Bitmine,” he pointed out. Similarly, Altcoin Sherpa suggested that Ethereum is in a similar “do-or-die region” like Bitcoin (BTC). To the analyst, ETH’s chart “looks bleak” after losing the 200-Week Exponential Moving Average (EMA), adding that if it officially loses the $2,000 barrier, the altcoin will likely move to the April 2025 lows, located around the $1,400-$1,500 range. ETH Crash Drags Investors Notably, Ethereum liquidations, funds, and large-scale investors have taken a hit amid the recent price action. According to online reports, the unrealized losses of BitMine, the second-largest crypto treasury in the world, have significantly grown over the last couple of days. As reported by NewsBTC, the crypto treasury company’s unrealized losses had risen to $6.6 billion by Monday, leaving the Ethereum treasury company “on track to become the 5th-largest documented principal trading loss in history if sold.” In BitMine’s latest update, the firm’s chairman, Tom Lee, reiterated BitMine’s confidence in the cryptocurrency and its fundamentals despite the recent price action and broader market correction. “We view this pullback as attractive, given the strengthening fundamentals. In our view, the price of ETH is not reflective of the high utility of ETH and its role as the future of finance,” Lee asserted. Nonetheless, Ethereum’s drop below $2,000 has pushed BitMine’s unrealized losses to over $8 billion. Related Reading: BNB Chain Metrics Show Strong Performance As BNB Price Retests ‘Do Or Die’ Level Spot ETH exchange-traded funds (ETFs) also performed negatively over the past day, with the category bleeding nearly $80 million on Wednesday, and total net outflows of $68 million during the first three trading days of the week. Meanwhile, Ethereum liquidations have hit $326.6 million over the past 24 hours, according to CoinGlass data. The data shows that around $245.5 million comes from long ETH positions, with nearly half of the total value wiped out just in the last four hours. Featured Image from Unsplash.com, Chart from TradingView.com
Bitcoin fell below $70,000 on Tuesday, erasing all gains since its 2021 peak and leaving the asset down nearly 30% year-over-year.
Ethereum (ETH) has retested its crucial $2,800 support level for the second time this week, as the broader crypto market erases all its intraweek gains. Some market observers have weighed in on whether investors should worry about King of Altcoin’s performance. Related Reading: Analysts Say Dogecoin Consolidation Is About To End – Parabolic Run Or Crash Ahead? Ethereum Plunges Amid Broader Market Crash On Thursday, global markets experienced a sharp decline, with stocks, cryptocurrencies, and even precious metals erasing over $3 trillion in market value in just a few hours. Ethereum, the second-largest cryptocurrency by market capitalization, followed the market-wide correction, retracing 6.9% in the daily timeframe. The cryptocurrency has been hovering between $2,800 and $3,300 since the start of the year and attempted to reclaim the upper zone of this range this month. Nonetheless, the recent geopolitical tensions and macroeconomic uncertainty have weakened the appetite for risk assets and halted the crypto market’s early January momentum. According to Binance market data, Ethereum fell below $2,800 on Thursday morning, briefly bouncing before reaching a one-month low of $2,773. Meanwhile, the leading cryptocurrency by market capitalization, Bitcoin (BTC), saw a sharp 6.2% decline, reaching a two-month low of $83,934. Data from CoinGlass shows that crypto liquidations over the past 24 hours surged to nearly $1 billion, with $917.17 million in leveraged positions forcibly closed at the time of writing. During this period, 223,915 traders were liquidated, and the largest single liquidation order happened on Hyperliquid, valued at $31.64 million. Notably, more than half of the liquidations occurred in the past four hours, wiping out over $620 million since the morning. Around $422 million came from Bitcoin positions, while $160 million came from Ethereum positions. ETH Price In ‘Endless Range’ Amid the market correction, some analysts shared their perspective on ETH’s price action. Sjuul from AltCryptoGems highlighted Ethereum’s price range in the daily chart, where the altcoin has hovered over the past two months. According to the analyst, there isn’t a clear trend as Ethereum continues to trade within its “seemingly endless range” between $2,600 and $3,350. He suggested that investors should wait for a proper breakout above the upper boundary or a breakdown from the range lows before celebrating or worrying. Similarly, trader EliZ affirmed that ETH’s macro perspective doesn’t show either real strength or weakness, but “an enormous, forced equilibrium” on the longer timeframes. He pointed out that ETH “continues to move within well-defined boxes, above and below the same levels for months/years, without ever building a directionality that can be described as structural.” Related Reading: Prediction Markets On BNB Chain Explode As Trading Volume Crosses $20B Based on this, the trader asserted that without a successful move and confirmation from its key range, short-term efforts don’t signal a “change of regime. Only liquidity rotation.” “We are not in a bullish phase, nor are we in a bearish phase. We are in a macro stalemate, where the market decides not to decide. Until we see a clean and sustained breakout of the indicated boxes …or a net loss of the same …any strong narrative is just storytelling,” he concluded. As of this writing, Ethereum is trading at $2,798, a 5.3% decline on the weekly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Data shows the crypto derivatives market has faced a fresh wave of liquidations as Bitcoin and other assets have gone through a retrace. Crypto Market Has Seen Liquidations Of More Than $462 Million According to data from CoinGlass, a notable amount of liquidations have occurred in the crypto derivatives market over the past day. “Liquidation” refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain percentage specified by the platform. Related Reading: CryptoQuant CEO Expects Boring Bitcoin Action, Not Major Crash A mass amount of simultaneous liquidations can occur when the asset’s price observes a sharp price swing, not allowing investors the time to close their positions. The risk of this happening can increase depending on how much leverage traders are opting for. The trigger for the derivatives flush in the past day has been a downward move across tokens in the digital asset sector, which took Bitcoin to a low under $89,600. Below is a table that shows the numbers involved in this liquidation event. In total, the crypto market has witnessed over $462 million in liquidations during the last 24 hours, with longs dominating most of the flush. More specifically, bullish bets made up for $418 million of the positions involved, representing more than 90% of the total. The large amount of liquidations could indicate that the recovery in Bitcoin above $94,000 lured traders into opening fresh longs, which then ended up getting caught out by the price plunge. In terms of the symbols, the largest contributor to the liquidation event has been BTC with $132 million in positions involved, while Ethereum hasn’t been too far behind with a flush of $116 million. Interestingly, while the top two have been predictable, the third place hasn’t been occupied by the usual suspects this time. As the above heatmap displays, contracts related to Zcash (ZEC) have been caught up in liquidations of $24 million. The asset managing higher liquidations than the likes of XRP and Solana could be down to the fact that it has seen a notably sharper drop over the last 24 hours. Related Reading: Bitcoin Bounce A Bull Trap? Analyst Sees 2022-Style Bear Flag The latest liquidation squeeze has come as the futures market has been witnessing a re-expansion of Open Interest, as highlighted by Glassnode in its latest weekly report. The bearish price action between October and November had caused a massive amount of liquidations and forced traders to pull back on risk, resulting in the Open Interest taking a significant hit. Recently, the metric has seen a turnaround, implying investors have gradually been building up positions again. BTC Price At the time of writing, Bitcoin is trading around $89,500, down 2% over the past day. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Bitcoin, Ethereum, and other digital assets have witnessed a sharp retrace during the last 24 hours, which has resulted in a long squeeze on derivatives exchanges. Crypto Long Liquidations Have Neared $600 Million During The Past Day According to data from CoinGlass, the latest sharp price action in the cryptocurrency market has accompanied a huge amount of liquidations over at the derivatives side of the sector. Related Reading: US Bitcoin Session Leads December Returns After Weak November “Liquidation” here naturally refers to the forceful closure that any open contract has to undergo after it has amassed losses of a certain degree. For long investors, this happens when the asset’s price drops, while for shorts, liquidation occurs after a surge. How much the cryptocurrency will have to move in one direction to liquidate a specific position comes down to the percentage threshold defined by the platform and the amount of leverage that the trader has opted for. During sharp price swings, positions with high amounts of leverage attached are the first to go. Bitcoin and other assets have faced some notable volatility during the past day, which has once again caught out traders on the derivatives market. As the table below shows, liquidations have crossed $650 million over the last 24 hours. About $584 million of these liquidations involved long positions alone. That’s equivalent to almost 90% of the total, showcasing how disproportionate the price volatility has been during this period. In terms of the individual symbols, the largest contributor to the liquidation event has been Ethereum, not Bitcoin, as is often the case. With over $235 million in contracts involved, Ethereum has notably outpaced Bitcoin, which has witnessed $186 million in liquidations. ETH facing more liquidations is likely due to the fact that its price drawdown has been stronger during the past day. Out of the altcoins, Solana has come out on top with $37 million in positions flushed, ahead of XRP ($16 million) and Dogecoin ($12 million). Interestingly, SOL has outperformed the two despite its losses being more limited. In some other news, the latest Bitcoin decline has meant that its price has fallen back under a key on-chain price level, as the chart shared by analytics firm Glassnode shows. The level in question is the Active Realized Price, corresponding to the cost basis of the active participants on the Bitcoin network. Currently, it’s located at $87,900, which is above the cryptocurrency’s spot price. Related Reading: Cardano SuperTrend Turns Bearish—Last Signal Preceded 80% ADA Drop Thus, it would appear that the latest dip has put the active investors as a whole into a state of net unrealized loss. Bitcoin Price At the time of writing, Bitcoin is floating around $87,200, down more than 3% over the last seven days. Featured image from Dall-E, Glassnode.com, CoinGlass.com, chart from TradingView.com
Bitcoin has turned itself around with a sharp surge to $92,000, unleashing a fresh wave of short liquidations on the derivatives exchanges. Bitcoin Has Seen A Flash Recovery Back To $92,000 Bitcoin suffered a blow on Monday as its price slipped under $84,000, but just as quickly as it had crashed, the cryptocurrency has made a swift recovery on Tuesday. Related Reading: Bitcoin Long-Term Holders See First Uptick Since April Lows: Bullish Sign? With the asset’s price now floating above $92,000, its price has surged by more than 8% over the last 24 hours. Like is usually the case, Bitcoin hasn’t been alone in this rally; the rest of the cryptocurrency market has also shot up alongside the number one digital asset. Some of the top altcoins have even managed to outperform BTC, with Ethereum (ETH) sitting in a profit of nearly 10% for the past day. The fresh wave of volatility in the sector has triggered a liquidation squeeze in the derivatives market. Crypto Liquidations Have Crossed $400 Million In Last 24 Hours According to data from CoinGlass, the cryptocurrency market as a whole has suffered over $410 million in liquidations during the past day. “Liquidation” here naturally refers to the forceful closure that any contract undergoes after it has amassed a certain percentage of loss (as defined by the platform). Considering that the price action in this window was majorly to the upside, it’s not surprising to see that short contracts made up for most of the derivatives flush. As is visible in the above table, $348 million in short positions found liquidation in the last 24 hours, equivalent to about 85% of the total flush. In terms of the individual symbols, Bitcoin, Ethereum, and Solana were the top three contributors to the liquidation event with $196 million, $95 million, and $18 million in positions, respectively. Just $13 million of the Bitcoin liquidations involved long investors; the rest $182 million in liquidations struck the traders betting on a bearish outcome for the cryptocurrency. A mass liquidation event like this latest one is popularly known as a squeeze. Today’s squeeze involved shorts in an extreme majority, so the event will be termed a short squeeze. During a squeeze, a sharp swing in the price triggers a large derivatives flush, which only ends up feeding back into the price move. The amplified price swing then unleashes a further cascade of liquidations. Related Reading: XRP Crashes 9.5%, But TD Sequential Flashes A Buy Signal Such events aren’t a particularly rare sight in the cryptocurrency market, as assets tend to be volatile and many traders opt for significant amounts of leverage. Featured image from Dall-E, CoinGlass.com, chart from TradingView.com
Bitcoin’s drop to $86,000 has coincided with slowing whale accumulation and rising retail buying — a late-cycle pattern that, analysts say, heightens fragility.
Analysts warn structural support is weakening as ETF outflows accelerate, pushing bitcoin to $82,000 and the total crypto market cap below $2.9 trillion.
Bitcoin has dropped below $104,000, triggering $1.4 billion in liquidations as fear surges, ETF outflows persist, and traders go risk-off.
Bitcoin has slipped under $108,000 as whales take profits and ETFs see outflows.
Data shows cryptocurrency short investors have suffered large liquidations during the past day as Bitcoin and altcoins have made a recovery. Bitcoin, Ethereum Have Surged In The Last 24 Hours Bitcoin and other cryptocurrencies have witnessed a rally during the past day, breaking away from the slump the market had earlier fallen into. At the height of this surge, Bitcoin broke past $116,000, while Ethereum touched $4,250. Related Reading: XRP Flashes TD Buy Signal: Start Of Fresh Rally? The assets have since seen a small retracement. The chart below shows how BTC’s latest trajectory has looked. At its current price of $115,400, Bitcoin is up about 4% on the weekly timeframe. Similarly, Ethereum at $4,160 is in a profit of 3.4%. Most other digital assets have seen similarly positive returns, although there are some outliers like Tron, which is down more than 7%. The market-wide recovery during the past day has meant that a large amount of short liquidations have piled up on the derivatives exchanges. Crypto Market Liquidations Have Totaled At $467 Million According to data from CoinGlass, about $467 million in cryptocurrency-related derivatives contracts have been liquidated over the last 24 hours. A contract is said to be “liquidated” when its platform forcibly shuts it down after it accumulates losses of a certain degree (as defined by the exchange). Given that coins across the board have rebounded, the contracts crossing this threshold would mostly be the short ones. And indeed, the data would confirm so. As is visible above, liquidations related to bearish cryptocurrency bets have reached $358 million in this window, representing 76.6% of the total flush in the sector. Bitcoin led the liquidations with $177 million in contracts involved, while Ethereum contributed the second most with $130 million in contracts. Out of the rest, Solana witnessed the largest flush at $34 million. In some other news, Bitcoin spot exchange-traded funds (ETFs) have observed a notable amount of inflows over the past month, as CryptoQuant community analyst Maartunn has pointed out in an X post. Related Reading: Bitcoin Could Drop To $97,500 If This Key On-Chain Level Fails, Glassnode Warns Spot ETFs refer to investment vehicles that allow investors to gain exposure to an asset without having to directly own it. The US SEC approved BTC spot ETFs in January of 2024. Here is the chart shared by the analyst that shows how the 30-day netflow for these vehicles has fluctuated since: As displayed in the above graph, Bitcoin spot ETFs have seen inflows of $4.7 billion during the past month. Ethereum spot ETFs, which gained approval in mid-2024, have also enjoyed inflows in this period, although their value of $983 million is significantly less than BTC’s. Featured image from Dall-E, CoinGlass.com, CryptoQuant.com, chart from TradingView.com
Analysts say bitcoin is struggling to hold the $110,000 floor after last week’s record highs as whale selling and put demand signal growing caution.
During the weekend’s historic crypto liquidation, wallets labeled as "hackers" by Arkham suffered about $5.5 million from selling ETH low and rebuying high.
The cryptocurrency derivatives market has been hit hard by the latest bearish continuation in Bitcoin and others as mass liquidations have hit exchanges. Crypto Liquidations Have Neared $1 Billion Over The Last 24 Hours According to data from CoinGlass, a massive amount of liquidations have occurred in the cryptocurrency derivatives market during the past day. A “liquidation” occurs when an open contract exceeds a certain loss threshold defined by the exchange and undergoes forceful closure. Related Reading: Chainlink (LINK) Triangle Setup Points To $100, Says Analyst Due to the volatility that Bitcoin and other assets have experienced over the last 24 hours, a huge amount of contracts have crossed this threshold. Below is a table that breaks down the relevant numbers related to these liquidations. As is visible, cryptocurrency liquidations have totaled at $967 million inside this window, which is a pretty significant amount. Since the price action in the past day has majorly been in the bearish direction, the positions most affected would be the bullish bets. And indeed, as the data shows, $849 million of the liquidations, representing almost 88% of the total, involved long investors. Ethereum has recently been dominating speculative activity in the market, and it seems the asset has topped the charts during this derivatives flush as well, with $309 million in liquidations. Bitcoin has come second with around $246 million. A mass liquidation event like this latest one isn’t a rare occurrence in the cryptocurrency sector, mainly due to two reasons: coins can be volatile on the regular and extreme amounts of leverage can be easily accessible. Such an event, where a cascade of liquidations occurs, is known as a squeeze. As longs were the party most seriously affected in the latest squeeze, the event would be termed as a long squeeze. This is the second long squeeze that the market has suffered this week, with the other one arriving during Bitcoin’s Monday plummet to $112,000. Here is a chart shared by on-chain analytics firm Glassnode that shows how the previous long squeeze compared against this latest one for Bitcoin: According to Glassnode, the two large long squeezes could actually help prevent more such events in the near future. “This flush of leverage reflects a broad deleveraging event, often resetting market positioning and easing the risk of further cascades,” explains the analytics firm. Related Reading: Dogecoin Down 18%, But Whale Withdraws 122 Million DOGE From Binance It now remains to be seen whether the liquidations will be enough to bring a calm to the market, or if there is more volatility ahead for Bitcoin and others. Bitcoin Price At the time of writing, Bitcoin is trading around $109,200, down more than 6% over the last week. Featured image from Dall-E, CoinGlass.com, Glassnode.com, chart from TradingView.com
Bitcoin has declined almost 6% in the past week as market jitters after last week's rate cuts continues to dampen risk appetite before the fourth quarter.
Bitcoin dropped to $110,000 as $700 million in crypto longs were wiped out, options markets turned defensive and volatility jumped ahead of U.S. macro data.
The cryptocurrency derivatives market has suffered heavy liquidations as altcoins like XRP (XRP) and Dogecoin (DOGE) have plummeted. Crypto Has Seen Almost $1 Billion In Liquidations During The Past Day According to data from CoinGlass, the cryptocurrency derivatives sector has been shaken up by a wave of liquidations in the last 24 hours. “Liquidation” here refers to the forceful closure that any open contract undergoes when its losses exceed a certain percentage (as defined by the platform). Related Reading: When Will Ethereum Turn Overheated? Report Says Watch This Level Below is a table that breaks down the numbers related to the latest liquidations in the digital assets market: As displayed, the cryptocurrency sector has seen a whopping $967 million in derivatives contract liquidations over the past day. Out of these, an overwhelming majority of the positions involved were long ones. More specifically, users betting on a bullish outcome took a beating of around $829 million. These mass liquidations have come as assets across the market have witnessed some degree of bearish price action. The likes of XRP and Dogecoin are currently down about 10%. Interestingly, Bitcoin (BTC) hasn’t been affected by this latest sector-wide downturn, suggesting that the decline could be a result of investors rotating capital out of altcoins. Given BTC’s relatively flat action, it’s not surprising to see that the number one cryptocurrency hasn’t been leading in liquidations this time around. From the above heatmap, it’s visible that Ethereum (ETH) has topped the market with a derivatives flush of almost $200 million, while XRP has come second with liquidations of $115 million. Despite the fact that Bitcoin hasn’t actually moved much in the past day, users have still managed to rake up $84 million in liquidations. Solana (SOL) and Dogecoin wrap up the top 5 with figures sitting at $58 million and $56 million, respectively. The mass liquidation event from the past day may be a product of overheated conditions that had already been brewing in the sector. As on-chain analytics firm Glassnode has revealed in its latest weekly report, the Open Interest across the top altcoins has seen a significant increase since the start of July. The “Open Interest” here refers to an indicator that keeps track of the total amount of futures positions related to an asset that are currently open on all centralized exchanges. As shown in the chart, the metric’s combined value for Ethereum, Solana, XRP, and Dogecoin sat at $26 billion at the start of the month, but it has now grown to $44 billion. Related Reading: XRP Whales Move $759M In Token: What Are They Up To? Historically, an excess of leverage has often led to volatility for the market, so the latest squeeze could just be this effect in motion. XRP Price At the time of writing, XRP is floating around $3.17, down 4% in the last week. Featured image from Dall-E, Glassnode.com, CoinGlass.com, chart from TradingView.com
Bitcoin hit new all-time highs above $118,000 as investors tap the cryptocurrency as a hedge against U.S. fiscal expansion, a Nansen analysts said.
Data shows the rebound in Bitcoin and other cryptocurrencies has punished the bears, triggering a massive wave of short liquidations. Crypto Sector Has Just Witnessed A Mass Liquidation Event According to data from CoinGlass, a large amount of liquidations have piled up on the cryptocurrency derivatives market. “Liquidation” refers to the forceful shutdown that any open contract has to go through if its losses exceed the threshold defined by its platform. Related Reading: This Bitcoin Zone Could Be Market’s Next True ‘Pivot,’ Says Glassnode Below is a table that shows the numbers related to the latest liquidations in the market. As displayed, the cryptocurrency sector has seen a derivatives flush of over half a billion dollars during the past day. Out of these, 73.7% of the liquidations, equivalent to $371 million, came from the short investors alone. The short-heavy mass liquidations have come as Bitcoin and company have rebounded following the news of a ceasefire between Israel and Iran. Earlier, US strikes on Iranian nuclear facilities had induced a crash in the market that ended up unleashing a flurry of long liquidations. This time, it seems the bears have been the ones caught out instead. As usual, Bitcoin and Ethereum have topped the list of liquidations, but interestingly, the latter ($168 million) has managed to outweigh the former ($153 million), which is generally not the case. Ethereum observing a higher amount of liquidations could come down to the fact that its price has seen a larger jump during the past day (7% vs 3.5%). It could also be an indication of an elevated level of speculative interest in the cryptocurrency. Out of the altcoins, Solana and XRP have topped the charts with $29 million and $13 million in liquidations, respectively. Though clearly, these numbers are quite small compared to the figures of the top two titans, showcasing the sheer difference in capital involved. In some other news, Bitcoin taker buy volume has shot up on the cryptocurrency exchange Bybit, as an analyst has pointed out in a CryptoQuant Quicktake post. In the chart, the data of the Bitcoin Taker Buy Sell Ratio is shown. This metric measures the ratio between the taker buy and taker sell volumes for a given platform. Here, the exchange involved is Bybit. Related Reading: Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss It would appear that the indicator has recently seen a sharp spike above the 1 mark, a sign that long volume has started to sharply outpace the short one. According to the quant, spikes in the metric on Bybit have often preceded a surge in the BTC price. BTC Price Following the recovery run over the last 24 hours, Bitcoin has returned to the $105,100 mark. Featured image from Dall-E, CryptoQuant.com, CoinGlass.com, chart from TradingView.com
Data shows the cryptocurrency sector has seen a large amount of liquidations following the volatility that Bitcoin and others have gone through in the past day. Bitcoin Has Seen A Rollercoaster Over The Last 24 Hours The past day has been a wild time for Bitcoin and the cryptocurrency market as a whole as prices have displayed some notable volatility. BTC, especially, has gone through quite the rollercoaster, with its price seeing swings in both the up and down direction. Related Reading: Bitcoin RSI Dips Below 30—Is A New All-Time High Next? Below is a chart that shows how the recent price action has looked for the number one digital asset. As is visible in the graph, the Bitcoin price first went down to a low of $100,400 from a high around $105,800 and then witnessed a recovery run back to $104,100. The coin is still overall down during the past day, but its loss stands at less than 2%. The other cryptocurrencies haven’t been so lucky, as their prices haven’t quite retraced to the same degree. Ethereum is still down almost 6% and Dogecoin about 7%. The volatile storm in the sector has come following a public feud between US President Donald Trump and Tesla founder Elon Musk. The spat began when the former said in an Oval Office meeting that he was ‘disappointed’ in the latter over his criticism of the One Big Beautiful Bill Act. Musk had previously called the bill a ‘disgusting abomination.’ The two let sparks fly on social media, with the SpaceX founder even accusing the President of being in the Epstein files. “That is the real reason they have not been made public,” said Musk in an X post. Crypto Liquidations Have Neared A Billion With all the volatility that has gripped Bitcoin and company during the past day, it’s only to be expected that the derivatives market would feel the impact. According to data from CoinGlass, a mass amount of liquidations have piled up on the various centralized exchanges. “Liquidation” here naturally refers to the forceful closure that any open contract has to go through if it amasses losses of a certain percentage. As displayed in the table, the cryptocurrency market has seen liquidations amounting to a whopping $970 million over the last 24 hours. Out of these, a staggering $854 million, representing 88% of the total, came from the long investors alone. This is naturally down to the fact that prices as a whole have gone down during this window. Related Reading: Solana’s Old Hands Are Moving—Is Trouble Brewing? Like usual, Bitcoin and Ethereum have led the sector in liquidations, contributing $346 million and $286 million, respectively. A mass liquidation event is popularly known as a ‘squeeze.’ Considering that the longs have made up for an overwhelming majority of the latest event, it could be termed a long squeeze. Featured image from Dall-E, CoinGlass.com, chart from TradingView.com
Analysts said the public dispute between U.S. President Trump and Elon Musk hit the already fragile and over-leveraged market.
Data shows a large number of long liquidations have occurred in the cryptocurrency market as Bitcoin and other assets have plunged. Crypto Liquidations Have Surpassed $712 Million Over The Past Day According to data from CoinGlass, chaos has occurred on the derivatives market following the volatility Bitcoin and the company have gone through during the last 24 hours. Related Reading: Bitcoin MVRV Ratio Signals Price Hot, But Not In Danger Zone Yet Below is a table that shows how the liquidations have looked for the cryptocurrency sector within this window. As is visible, almost $712 million in cryptocurrency contracts have seen forceful closure from their platform in the past day. About $477 million of these came during the last twelve hours alone. Bitcoin and the altcoins, especially, have seen a decline in this period, so it’s not surprising to see that the liquidations have overwhelmingly affected the long investors. More specifically, the holders betting on a bullish outcome have been involved in more than 90% of the flush. A mass liquidation event like this latest one is popularly known as a squeeze, and given the sharp imbalance toward the bulls, this particular event would be called a long squeeze. During a squeeze, a large amount of liquidations get triggered at once and feed back into the move that caused them. This unleashes a cascade of further liquidations, making such events quite volatile. As for which of the individual tokens contributed the most to the long squeeze, the heatmap below shows it. Bitcoin and Ethereum, the top two cryptocurrencies in terms of market cap, have also come out on top in this list, with the former observing liquidations of $221 million and the latter that of $116 million. The third-ranked coin, however, hasn’t been XRP, but rather Solana, which is a couple of spots lower in terms of market cap. SOL’s $32 million in liquidations may be down to the fact that it has seen a larger decline than XRP. While Bitcoin has seen a push down during the past day, its downfall actually started much earlier, with the high around $112,000 from May 22nd acting as the top so far. According to a report from the on-chain analytics firm Santiment, this peak coincided with a spike in whale activity. The indicator displayed in the chart is the “Whale Transaction Count,” which tells us about how many whale-sized transfers are occurring on the BTC network every day. Related Reading: Toncoin Open Interest Spikes 33%—Will History Repeat With A Pullback? It would appear that both versions of this metric (tracking transactions valued at more than $100,000 and $1 million) surged to a high level earlier in this month, a potential sign that profit-taking from these humongous entities forced Bitcoin toward a top. Bitcoin Price BTC saw a dip under the $105,000 level earlier in the day, but it appears the coin has since observed a small rebound as it’s now back at $105,800. Featured image from Dall-E, Santiment.net, CoinGlass.com, chart from TradingView.com
Bitcon and ETH propelled crypto markets to almost $3.4 trillion for the first time since February after macro news and Pectra's upgrade fueled optimism.
Traders rushed to protect leveraged bets on protocols like Sky as ether dropped to FTX-bear market levels and macro factors weighed heavy on crypto markets.
Data shows the cryptocurrency market has witnessed massive liquidations during the past day following the recovery Bitcoin and the altcoins have made. Bitcoin & Altcoins Have Jumped Back Following Trump’s Announcement Bitcoin and the rest of the cryptocurrency sector ended February on a very bearish note, as the market went through a deep drawdown that took BTC to as low as $78,000. In a flash, however, the digital assets have seen their fates flip during the past day. Related Reading: Solana Now Retesting Realized Price: Will Shift To Bear Market Happen? The impetus behind the recovery move has been Donald Trump’s announcement of a Crypto Strategic Reserve that includes Bitcoin, Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA). The announcement came through the president’s official Truth Social handle. In the initial post, Trump only mentioned the altcoins XRP, SOL, and ADA, but in a follow-up post, he also confirmed BTC and ETH, saying they will be “the heart of the Reserve.” Since the US elections, the Crypto Reserve has been something much-anticipated in cryptocurrency circles, so it’s not surprising that the news has been able to have a drastic effect on trader mood. From the graph, it’s visible that Bitcoin approached the $95,000 level during the surge, but its price has since witnessed a small pullback to $92,800. Ethereum has displayed a similar pattern, although its retrace from $2,550 to $2,360 has been notably larger than BTC’s. Overall, the top two cryptocurrencies are up 8% and 6% during the last 24 hours, respectively. Interestingly, XRP, SOL, and ADA, the three coins initially announced, have shown much stronger rallies of 17%, 13%, and 48%, respectively. The bullish momentum hasn’t been restricted to just these five included in the Reserve, as coins across the space have observed some degree of rise. A consequence of all this volatility has been that liquidations have piled up on derivatives platforms. Crypto Derivatives Market Has Just Seen $971 Million In Liquidations According to data from CoinGlass, a total of $971 million in cryptocurrency derivatives contracts have found liquidation in the past day. “Liquidation” here refers to the forceful closure any open contract undergoes after it has amassed losses of a certain degree. Below is a table that breaks down the relevant numbers related to the latest mass liquidation event. As is visible above, around $558 million of these liquidations involved the short investors, representing over 57% of the total. These traders making up for the majority of the event is naturally expected, as the market has gone up inside this window. Though, despite the bullish action, around $412 million in long holders still got liquidated as a result of the pullback. Related Reading: Bitcoin Whales Buying The Dip: $1.28 Billion Added Below $90,000 In terms of the individual symbols, Bitcoin and Ethereum have predictably come out on top with $353 million and $182 million in liquidations, respectively. Featured image from Dall-E, CoinGlass.com, chart from TradingView.com
Data shows that the cryptocurrency derivatives sector has seen a high amount of liquidation during the past day as Ethereum and other altcoins plunged. Altcoins Have Just Witnessed Massive Long Liquidations According to data from CoinGlass, liquidations have piled up on the cryptocurrency futures market in the last 24 hours. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has accumulated losses of a certain degree. Related Reading: Is It Time To Buy XRP? TD Sequential Says Yes When a large amount of liquidations occur at once, the event is popularly known as a squeeze. The chances of a squeeze taking place come down to two factors. The first is naturally the volatility, as a larger swing in the price would mean a wider span of contracts gets pushed into the red. The other factor is leverage, a loan amount that derivatives market traders can opt to take against their initial collateral. Leverage is often many times the position itself, so the benefit of having it is that any profits earned are multiplied by the same factor. But as this also applies to losses, it’s easier to get liquidated with leverage if the bet doesn’t work out. In the cryptocurrency sector, assets can often be volatile and positions tend to be overleveraged, so a squeeze can occur from time to time. During the past day, the market has once again seen a surge in volatility, which has led to yet another liquidation squeeze. Here is a table that breaks down the relevant numbers related to this event: As is visible above, the cryptocurrency derivatives sector has registered a total of $268 million in liquidations during the last 24 hours. Out of these, $217 million of the positions involved were bullish bets. The long contract holders taking the brunt of the liquidations is naturally down to the fact that the altcoins have gone through a price crash inside this window. Now, here is a heatmap that displays how the contribution to the squeeze has looked from the individual assets: Generally, Bitcoin (BTC) tops this list, but it would appear that the number one cryptocurrency has failed to make even the top two this time around. This is due to the fact that the coin has seen relatively flat movement during this crash of the altcoins. Related Reading: Dogecoin Open Interest Plunges 58%: How Do Shiba Inu & Pepe Compare? Ethereum (ETH), the largest among the altcoins, has provided the largest share of liquidations at $56 million. Solana (SOL), which has faced the worst decline among the top 10 digital assets of 6%, has come second at $33 million. ETH Price Ethereum made some recovery during the weekend, but it seems the coin has already retraced those gains to start the new week as its price has gone down 4%, dropping to $2,700. Featured image from Dall-E, CoinGlass.com, chart from TradingView.com
Investors fear that the 'trade war' would fuel inflation and cause interest rates to stay higher for a longer period, according to analysts.
Data shows the cryptocurrency derivatives sector has seen a large amount of liquidations in the past day as Bitcoin and others have enjoyed a rally. Both Crypto Long & Short Liquidations Have Been High Today According to data from CoinGlass, a significant amount of liquidations have piled up on the derivatives side of the cryptocurrency sector following the market volatility. “Liquidation” here refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain degree (the exact percentage of which may differ between platforms). Related Reading: Litecoin (LTC) Jumps 19%: What’s Behind The Rally? Below is a table that shows the data for the liquidations that have occurred in the cryptocurrency sector during the last 24 hours. As is visible, liquidations have totaled at almost $306 million in this window. Out of these, $154 million of the contracts involved were long positions, while $151 million were short ones. This remarkably even split suggests no side of the market was affected more than the other, which is interesting considering the context that Bitcoin and others coins have seen their prices rise during the past day. It would appear that the traders have been eager to place bullish positions with a high amount of leverage attached in this recovery rally, which is leading to any pullbacks on the way up catching them out and adding to the long liquidations counter. In terms of the contribution to the derivatives flush by the individual symbols, Bitcoin has once again come out on top with just under $98 million in liquidations. Ethereum (ETH) and XRP (XRP) have rounded out the top three with $37 million and $25 million in liquidations, respectively. This top three also happens to be the top three coins in the market cap list. Number four in liquidations doesn’t match up against the market cap ranking, however, as it’s in fact Dogecoin (DOGE) that has followed XRP with almost $16 million in contracts. The high contribution to the squeeze by the memecoin could be down to the fact that its popularity means speculators get driven to it more than larger altcoins like Solana (SOL). In some other news, the Bitcoin Open Interest has gone down relative to the market cap recently, as analyst James Van Straten has pointed out in an X post. The “Open Interest” refers to a measure of the total amount of Bitcoin-related derivatives positions that are currently open on all centralized exchanges. A high amount of speculative activity generally leads to volatility for the asset, so this metric’s ratio with the market cap should ideally stay low. Related Reading: XRP Surges Past $3.2 As Whale Activity Spikes 81% From the graph, it’s apparent that the ratio shot up to a high of 2.8% in November, but its value as since cooled off to about 2.4%, a healthier level. Bitcoin Price Bitcoin’s latest recovery push has seen a continuation during the past day as its price has reached the $104,000 mark. Featured image from Dall-E, Glassnode.com, CoinGlass.com, chart from TradingView.com
Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations in the past day as Bitcoin and other assets have crashed. Bitcoin, Ethereum Saw Notable Plunges During Past Day The last 24 hours have been red for digital assets, with a bulk of the market observing a drawdown of more than 5%. Bitcoin has been no exception, as its price has slipped under the $95,000 level. It was only a couple of days back that the asset had shown a sharp recovery above the $102,000 mark. The steep crash since then would suggest the investors didn’t believe the rally would have legs, so they decided to take their profits while they could. Related Reading: Less Than 1% Of Bitcoin Investors In Loss After BTC Reclaims $100,000 Ethereum, the second largest cryptocurrency by market cap, has had it even worse than Bitcoin, with its price coming down to $3,350 after a drop of almost 8% during the past day. With its plunge, Ethereum has basically retraced all the bullish momentum that had come with this new year of 2025. Bitcoin still retains some of its gains, but if the current trajectory continues, it wouldn’t be long before it meets the same fate as well. With all the carnage that the digital asset sector has seen, it would be expected that the derivatives side of the market would likewise have gone through some chaos. Crypto Longs Have Just Taken A Massive Beating According to data from CoinGlass, a mass amount of liquidations have piled up on derivatives exchanges during the past day. “Liquidation” refers to the forceful closure that any open contract undergoes after it has amassed losses of a certain degree (the exact percentage of which may differ between platforms). Below is a table that breaks down the relevant numbers related to the latest cryptocurrency liquidations. As is visible, a total of $689 million in contracts have been flushed in the last 24 hours. Out of these, over $609 million of the positions involved were long ones. This means an overwhelming 88% of the liquidations affected the traders betting on a bullish outcome for the market. Given the crash that the cryptocurrency sector has gone through during this window, it’s not exactly a surprise to see this disparity between long and short liquidations. Related Reading: Bitcoin Signal That Took Price From $69,000 To $108,000 Appears Again In terms of the contributions to the squeeze by the individual symbols, Bitcoin has interestingly not topped the charts this time around. Instead, Ethereum has been king with almost $152 million in liquidations. The fact that Ethereum’s drawdown has been more significant than Bitcoin’s has part to play in this, but it may not be the full story. It’s possible that the trend is an indication that the speculative interest around ETH has been particularly pronounced recently. Featured image from Dall-E, CoinGlass.com, charts from TradingView.com