Crypto Market Gets Hit Hard — Over $1 Billion Liquidated in 24 Hours

The crypto market just experienced another intense wave of forced liquidations, with over $1 billion worth of leveraged positions wiped out in the last 24 hours. This massive move reflects growing volatility, risk-off sentiment,

According to derivatives data from CoinGlass, roughly 182,000 traders were liquidated over the past day, with total liquidations reaching around $1.08 billion. The vast majority of the losses came from long positions — meaning traders betting on prices going up were hit hardest.

🔹 Bitcoin long bets took the biggest hit, with more than $427 million liquidated, as BTC saw extended downward pressure.

🔹 Ethereum followed closely, with around $374 million liquidated from leveraged futures and perpetual positions.

🔹 Smaller but still significant liquidations occurred across other markets and chains, highlighting broad weakness in leveraged crypto sentiment.

This kind of market move isn’t just a number — it reveals deep structural behavior in how traders are positioned. When prices start dropping sharply, and liquidations accelerate, automated margin calls kick in across major exchanges like Hyperliquid, Bybit, and Binance, cascading into larger forced sells.

Here’s what’s driving it:

🔸 High Leverage Exposure: Retail traders and even some institutional desks take on high leverage during rallies. When prices reverse, small dips can trigger massive liquidations.

🔸 Weak Market Sentiment: With Bitcoin struggling at key levels and macro risks rising, confidence has softened — causing stop losses to trigger and traders to get “rekt.”

🔸 One-Sided Positioning: Most of the liquidation pain came from long positions, suggesting the crowd was heavily biased bullish before this move — a classic setup for a leveraged squeeze.

Liquidations of this scale matter because they often intensify volatility, speed up price swings, and force re-evaluation of risk across the market. #WhenWillBTCRebound #WhaleDeRiskETH $BTC