Key Notes
- About 213,938 traders were liquidated within the past 24 hours, with losses running into $624.41 million.
- Ethereum saw the largest liquidation, with its price retracting to $4,002.
- Bitcoin price has also plunged significantly, with ATH ambition still far away.
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The broader cryptocurrency market has experienced a massive liquidation of $624.41 million, with long traders suffering losses. This situation has affected 213,938 traders within the past 24 hours. Notably, the largest single liquidation order was seen on the OKX exchange, valued at $5.57 million.
Bitcoin and Ethereum Prices Fall
The CoinGlass liquidation heatmap shows that more losses were incurred by Ethereum
ETH
$3 942
24h volatility:
5.1%
Market cap:
$478.54 B
Vol. 24h:
$52.62 B
investors within the last 24 hours. Precisely, the losses from the second-largest cryptocurrency ran to the tune of $179.66 million. Ethereum long traders’ liquidations were pegged at $107.77 million, while short traders recorded about $79.81 million losses.
Bitcoin
BTC
$110 723
24h volatility:
3.8%
Market cap:
$2.21 T
Vol. 24h:
$75.31 B
liquidation followed closely at $125.98 million, with long traders suffering a major loss of $95.79 million and short traders $30.19 million. Solana
SOL
$193.2
24h volatility:
1.5%
Market cap:
$105.77 B
Vol. 24h:
$13.15 B
, Dogecoin
DOGE
$0.20
24h volatility:
6.1%
Market cap:
$29.97 B
Vol. 24h:
$5.04 B
, XRP
XRP
$2.44
24h volatility:
6.1%
Market cap:
$146.90 B
Vol. 24h:
$7.77 B
, and other digital assets were also impacted by the massive liquidation. This comes almost 3 days after the crypto market saw the largest liquidation of more than $19 billion.
Coincidentally, the prices of these digital assets have been fluctuating in the last 24 hours. BTC price is currently at $112,032.80, corresponding with a 2.92% drawdown within the last 24 hours. Also, this flagship cryptocurrency has recorded a 9.52% decline in the last 7 days and 3.4% in 30 days. The coin is obviously struggling to climb back to its all-time high of $126,000.
Similarly, Ethereum has seen a price dip of 4.34% causing it to retract to $4,002.80 in 24 hours. SOL price is at $196.20, falling significantly from about $232 high.
Make Gains from Bitcoin Hyper Tech
While top crypto asset prices fall, Bitcoin Hyper (HYPER) keeps making waves. This crypto project currently has a reputation among retail investors in the sector.
Designed as a Layer-2 solution BTC project with strong potential for early investors, Bitcoin Hyper is the right fit for those who are not afraid to take on high risks for high rewards. Its strong presence and potential have found it a position among the best crypto presales of 2025.
Current Presale Stats:
Current Price: $0.013115
Amount Raised So Far: $23.55 million
Ticker: HYPER
HYPER price will see an adjustment in about 1 day, 12 hours, and 1 minute.
Participation in the presale can be done via ETH, BNB, USDT, or credit card directly on the official Bitcoin Hyper website. Learn more about how to buy Bitcoin Hyper (HYPER) in our guide.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
Source: https://www.coinspeaker.com/crypto-liquidations-top-624-million-as-bitcoin-loses-support-again/