$1.5 Billion in Long Positions Wiped Out
According to Coinglass, the past 24 hours saw long positions worth nearly $1.5 billion liquidated across major crypto exchanges — one of the largest liquidation events of the year.
Heavy Liquidations Across Bitcoin and Altcoins
The majority of the liquidations occurred in Bitcoin (BTC) and Ethereum (ETH) futures, followed by highly leveraged trades on Solana, DOGE, and other major altcoins. Market volatility surged after a wave of stop-loss triggers and cascading liquidations hit derivative traders.
One of the Largest Liquidation Events of 2025
This event underscores the extreme volatility in leveraged trading, as sudden shifts in sentiment forced traders out of positions. Analysts warn that excessive leverage continues to amplify both upward rallies and sharp crashes.
What’s Next for the Market
While long liquidations dominate, some analysts suggest that such a large flush could create conditions for a short-term relief bounce — as leveraged positions reset and funding rates normalize.
