Crypto Market in Freefall: $1 Billion Liquidated as Crash Deepens

Crypto Market in Freefall: $1 Billion Liquidated as Crash Deepens
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Major exchanges reported in the last 24 hours a combined $1.19 billion in crypto liquidations across derivatives markets, according to data from CoinGlass and Hyperliquid. The bulk of the wipeout came from long positions, reflecting a sharp correction that caught over-leveraged traders off guard.

Bitcoin led the losses with $432.35 million liquidated, followed by Ethereum with $269.51 million. Solana registered $89.64 million, while assets grouped as ā€œOthersā€ totaled $101.84 million. Mid-cap tokens like XRP ($27.74M) and HYPE ($26.71M) also saw heavy exposure. In total, 301,101 traders were affected, with the largest single liquidation hitting $20.42 million on the ETH-USD pair at Hyperliquid.

Despite the setback, pro-crypto analysts argue that mass liquidations can reset market structure and clear excessive leverage—often preceding healthier rebounds. The dominance of liquidated longs ($916.76M vs. $268.40M in shorts) signals that bullish sentiment had overheated after last week’s decline. Markets are now watching whether buyers return as prices stabilize near key support zones and funding rates reset.

Fuente: https://www.coinglass.com/LiquidationData


Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

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