liquidations

🔵 In just the last 4 hours, $506 million worth of positions were liquidated — $429 million in longs and $77 million in shorts.
🔵 Over the full 24-hour period, total liquidations reached $1.2 billion, with more than 307,000 traders losing their positions.
🔵 The largest single liquidation: on Hyperliquid, ETH-USD pair — a $20 million liquidation.
#liquidations #ETH #BTC #fall

In crypto, silence never lasts long. Over the past 24 hours, the market saw $271 million worth of positions liquidated — a sharp reminder that leverage remains the quiet accelerant behind every major move. Of that total, $121 million came from long positions and $150 million from shorts, suggesting one thing clearly: both sides of the market are being tested in equal measure.

These aren’t just numbers; they’re the rhythm of a market that’s learning how to breathe again. Every liquidation represents a trader forced out, a conviction unwound, and a margin call answered by an algorithm. Yet, beyond the volatility, this latest flush tells a deeper story — one about leverage, positioning, and the thin line between confidence and risk.

Data from Coinglass shows that the heaviest liquidations occurred on Binance, OKX, and Bybit, where open interest had reached its highest level in weeks. Bitcoin’s quick rejection above $108K, followed by Ethereum’s pullback below $3,800, triggered cascading liquidations across perpetual markets. Shorts were trapped first, then longs followed — a double squeeze that cleared the order books like a storm over calm water.

To me, this isn’t chaos — it’s calibration. These liquidation cycles are how the market purges excess leverage and resets sentiment. When open interest rises too fast, when funding rates stretch too wide, the system corrects itself. It’s brutal, yes — but necessary. Each wave trims speculation and restores balance, allowing real price discovery to return.

The fact that shorts slightly outpaced longs in losses reveals something subtle: fear still outweighs greed. Traders are quick to short rallies but slow to hold conviction through corrections. That imbalance often sets the stage for the next counter-move.

In the broader view, this $271 million washout might not be a breakdown — it might be a prelude. Because when leverage resets and liquidity stabilizes, the market often finds its next direction. It’s not about predicting the next candle — it’s about surviving long enough to read what it’s trying to say.
Volatility isn’t the enemy. Complacency is.
#Liquidations

Investor sentiment turned sharply bearish as crypto’s fear index plunged to 28, and $230 billion in value evaporated in a single day.

The crypto market’s Fear & Greed Index flipped sharply to “fear” this week, falling to levels last seen in April, as a market sell-off erased over $230 billion in a single day.

On Friday, CoinMarketCap’s Crypto Fear & Greed Index, which tracks volatility, market momentum, social media trends and dominance metrics, fell to a low of 28, which is within the “fear” category and is inching closer to “extreme fear.”

CoinMarketCap data showed that on Friday, the total crypto market capitalization dropped to about $3.54 trillion, a 6% drop from $3.78 trillion the previous day. This wiped out over $230 billion in value from the sector, marking one of the sharpest single-day declines in months.

The Fear & Greed Index for traditional assets also fell to 22, signaling extreme fear in the market, following US stocks closing lower on Thursday as the credit market turmoil, regional banks’ exposure to bad loans and US-China trade tensions spread jitters on Wall Street.
Crypto Fear & Greed Index chart. Source: CoinMarketCap

Top crypto assets continue to bleed
Data shows that major crypto assets extended their declines in the last 24 hours as the broader market correction deepened.

Bitcoin $BTC $105,780 fell nearly 6% to about $105,000, while Ether $ETH $3,788 dropped almost 8% to about $3,700. Among large-cap altcoins, BNB $BNB $1,069.82 led losses with a nearly 12% decline, followed by Chainlink LINK $16.56 with an 11% drop and Cardano ADA $0.62, which dropped 9%. Solana SOL $181.03 and XRP $2.28 also tumbled by over 7%, extending a week-long decline that erased double-digit gains accumulated earlier this month.

On average, the largest non-stablecoin crypto assets declined by about 8%–9% over the last 24 hours.
Crypto market cap and volume. Source: CoinMarketCap
While last week’s market crash led to nearly $20 billion in liquidations, this week’s downturn saw significantly lower activity.

On Friday, data from CoinGlass showed that about $556 million worth of leveraged positions were wiped out across exchanges, a tiny fraction of last week’s figure.

From this amount, about $451 million came from long positions, while $105 million came from short liquidations.
Total liquidation amounts per exchange. Source: CoinGlass

NFTs, Memecoins and ETFs react to market sell-off
Apart from top cryptocurrencies, other assets like memecoins, non-fungible tokens (NFTs) and exchange-traded funds (ETFs) were also affected by the recent crash.

Memecoins, which showed small signs of recovery this week, dropped 33% in 24 hours, according to CoinMarketCap. Top memecoin assets experienced declines of 9%–11% over the last 24 hours, while trading volumes remained relatively high, at nearly $10 billion.

The NFT sector, which also rebounded from a $1.2 billion wipeout last week, erased its gains and dropped below a $5 billion valuation, a level last seen in July. CoinGecko data showed that a majority of blue-chip collections dropped double-digit percentages in the last 24 hours.

Meanwhile, spot Bitcoin and Ether ETFs reacted to the crash. On Thursday, spot Bitcoin ETFs recorded outflows of over $536 million, while spot Ether ETFs showed daily net outflows of more than $56 million.
#MarketPullback #Liquidations #PowellRemarks #Ripple1BXRPReserve

Read this📉📈📊
1. Trade War Escalation
What happened: Reports suggest that former U.S. President Donald Trump announced or enacted 100% tariffs on Chinese imports, dramatically escalating trade tensions between the world’s two largest economies.
Global risk sentiment drops: When trade relations deteriorate, investors tend to pull back from risky assets — including cryptocurrencies — and move toward safer assets like U.S. Treasuries or gold.
Impact on supply chains: Tariffs raise production costs and slow global trade, which can lead to lower economic growth expectations worldwide.
Crypto correlation: Although crypto is often viewed as “uncorrelated,” in times of macroeconomic stress, it tends to move with risk assets like tech stocks — meaning a sell-off in equities often spills into crypto.
2. $1.2B Liquidations
What happened: Around $1.2 billion worth of leveraged positions in crypto were forcibly liquidated over the past 24 hours.
Leverage cascade: When traders borrow heavily (using leverage) and prices drop, exchanges automatically liquidate their positions to cover losses. This adds more selling pressure, causing a chain reaction.
Market volatility: Liquidations tend to amplify downward moves — what could have been a 2% dip can turn into a 10% crash due to the cascading effect.
Loss of confidence: When retail traders see mass liquidations, many panic and sell their holdings, worsening the decline.
3. Institutional Exodus
What happened: Spot Bitcoin ETFs — which have been a major source of institutional inflows — reportedly saw $536 million in outflows within a single day
Institutional sentiment: ETFs are a proxy for institutional interest. Large outflows suggest big players are reducing exposure, likely due to short-term risk aversion.
Liquidity impact: Institutional funds exiting the market reduce liquidity and can cause sharper price moves.
Broader signal: If traditional investors are pulling money from crypto ETFs, it implies a risk-off mood in global markets — especially when tied to macro factors like trade tensions.
4. Technical Breakdown
What happened: The total crypto market cap dropped below the $3.75 trillion Fibonacci support level, a key technical threshold that many traders watch
Chart psychology: Breaking a major support line triggers stop-loss orders and algorithmic selling, accelerating the downtrend.
Momentum shift: Technical traders interpret this as a confirmation of bearish momentum, meaning short-term price outlooks worsen.
Confidence effect: Technical breakdowns often create self-reinforcing fear — traders who rely on charts see the breach and sell preemptively.
#crypto #Liquidations $BTC
$WLD
$BANANA
#MarketPullback #BinanceHODLerZBT #BinanceHODLerENSO