Crypto Market Sees $875M Liquidated in 24 Hours

Crypto market wiped out $875 million in liquidations in the past 24 hours—major losses amid sharp BTC/ETH drops. What it means for traders.

  • $875 million in leveraged positions liquidated over 24 hours
  • Bitcoin and Ethereum led losses with double-digit drops
  • Signals heightened risk; traders urged to reassess leverage

Massive Liquidation Wave Sweeps the Crypto Market

The crypto market experienced a sharp correction, with $875 million worth of positions liquidated in just 24 hours. Over 380,000 traders were affected as major coins like Bitcoin and Ethereum led the losses. This level of liquidation signals extreme volatility and high leverage exposure among retail and institutional players alike.

Bitcoin & Ethereum Hit Hardest

Bitcoin saw liquidations exceeding $233 million, while Ethereum followed with $175 million lost. These two giants bore the brunt of the correction, dropping over 10% each within the same time frame. The heavy sell-offs not only dragged down market caps but also triggered automated sell orders and margin calls.

Traders using high leverage found themselves forced out of positions, contributing to a cascade of losses across exchanges. The rapid pace of these liquidations caused temporary congestion and increased slippage, further intensifying market chaos.

What This Means for Crypto Traders

This wave of liquidations is a stark reminder of the risks associated with leveraged trading.

  • Leverage risks: High leverage magnifies gains—but also losses, often leading to complete position wipeouts.
  • Market volatility: Sudden price drops can trigger panic selling, increasing short-term downside pressure.
  • Strategic caution: Traders should evaluate risk management strategies, including stop-loss settings and reduced exposure during uncertain times.

Such events often set the stage for short-term recoveries as selling pressure eases, but only if broader sentiment stabilizes and confidence returns.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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