Skip to main content
Liquidations Continue: Large Trading Positions Wiped Out as Bitcoin and Altcoins Decline
Market Watch • Bitcoin • Liquidations

Liquidations Continue: Large Trading Positions Wiped Out as Bitcoin and Altcoins Decline

Published: · Reading time: ~5 minutes
Crypto market liquidation scene showing Bitcoin and altcoins in decline
Illustration: Market-wide liquidations as Bitcoin and altcoins face sustained selling pressure

Crypto markets are under renewed pressure as large leveraged positions are being liquidated across exchanges. Bitcoin’s decline triggered a wave of forced liquidations, taking altcoins with it and intensifying market volatility.

Market Overview

Bitcoin has dropped below key support levels, triggering cascading liquidations as highly leveraged traders are forced out of positions. Exchanges saw sharp spikes in volatility as open interest contracted, signaling a wave of risk reduction across futures markets.

Liquidation Data

According to Coinglass data, over $300 million in leveraged crypto positions were liquidated within 24 hours. Bitcoin accounted for nearly half, while Ethereum and Solana led altcoin liquidations. Binance, OKX, and Bybit recorded the largest volumes, with several single-position liquidations exceeding $10 million.

Why It’s Happening

  • Increasing funding rates and excessive leverage after weeks of sideway trading.
  • Weak risk sentiment as global markets face renewed macro uncertainty.
  • Profit-taking from traders following recent short-term rallies.
  • Sudden exchange inflows from long-term holders locking in gains.

Impact on Altcoins

Ethereum dropped below $2,250, while Solana and Avalanche saw 8–10% losses. Meme tokens and smaller-cap assets were hit even harder as liquidity thinned. Analysts say this phase might serve as a “reset” that clears excess leverage and sets the stage for healthier trading conditions.

My Take

These liquidations, though painful, are part of the natural crypto cycle. Clearing leverage excess creates a stronger foundation for the next move. Once the dust settles, Bitcoin’s structural strength and institutional demand could reassert dominance — but for now, caution beats aggression.

Related Articles

Labels:

Comments

Post a Comment

Popular posts from this blog

Create a Payza Account in Minutes: Step-by-Step Guide (Availability May Vary) Create a Payza Account in Minutes: Step-by-Step Guide Follow these quick steps to create, verify, and secure your Payza e-wallet. Note: Service availability and features can change—verify on the official site first. Signing up takes a few minutes—verification and security settings keep your wallet safer. Key takeaways Fast signup: Create an account with a valid email, then confirm and complete your profile. Verify early: Prepare ID + proof of address to unlock higher limits and withdrawals. Secure it: Enable 2FA, set strong passwords, and review notification settings. Contents Create Your Account Complete KYC Verification Harden Security (Highly R...
48 comments
Read more
FTX/Alameda Wrapped Tokens on Solana Are No Longer Redeemable: What It Means for soBTC & soETH FTX/Alameda Wrapped Tokens on Solana Are No Longer Redeemable: What It Means for soBTC & soETH A quick, clear explainer on how wrapped-token redemption works, what changed after FTX/Alameda’s collapse, and practical steps to reduce risk. When backing fails, wrapped tokens can lose redemption and deviate from their peg. Key takeaways Wrapped tokens like soBTC and soETH relied on redemption backing tied to FTX/Alameda. After bankruptcy, redemption mechanisms ceased , causing price dislocations on Solana. Holders should evaluate liquidity, contract risk, and official notices before acting. Contents What Happened Wrapped ...
Post a Comment
Read more
Huobi Group Launches New Investment & Incubation Division: What It Means for Web3 Builders Huobi Group Launches New Investment & Incubation Division: What It Means for Web3 Builders A practical overview for founders and developers—focus areas, how to pitch, and what diligence to expect. Huobi’s new initiative aims to accelerate promising Web3 startups with capital and ecosystem support. Key takeaways Founder-focused: Backing teams in DeFi, infrastructure, wallets, payments, NFTs, gaming, and security. Beyond funding: Access to Huobi’s network, GTM playbooks, and technical/security guidance. Be diligence-ready: Show traction, audits, token economics, and a clear execution plan. Contents Focus Areas & Eligibility Applicatio...
Post a Comment
Read more