JUST IN: 🥵$100,000,000 liquidated from the crypto market in the past 60 minutes🚨

📉 What Happened (March 7, 2025, 10:30 UTC)

• A sudden $100 million in liquidations hit across crypto futures, primarily targeting Bitcoin and Ethereum  .

• Bitcoin plunged from $67,450 → $64,300 in just 15 minutes.

• Ethereum dropped from $3,850 → $3,600 in the same timeframe .

🔍 Market Dynamics

• Open interest in BTC futures spiked by ~$3 billion—from $15 b to $18 b—as traders got liquidated .

• On-chain trading volume surged: BTC saw ~$25 b, ETH ~$15 b in 24h .

• Volatility spiked: BTC’s 1‑hr ATR went from 0.5% → 2.5%; ETH’s from 0.7% → 3% .

📊 Signals & Technicals

• RSI plunged:

• BTC: from 70 → 35

• ETH: from 68 → 32 

These levels suggest markets swung from overbought to oversold heavily.

• MACD: bearish crossovers confirmed downward momentum .

• Fear & Greed Index dropped: from 65 → 45, signaling shift into fear mode .

🌐 Broader Effects

• Solana (SOL) and Cardano (ADA) also took big losses—8% and 6%, respectively .

• On-chain activity: BTC active addresses rose ~10%; ETH gas fees spiked 20% — signs of frantic trading .

• Loss-making transactions jumped: BTC saw losses on 40% → 60% of on-chain txns .

⚡ What Caused It

• A cascade of futures liquidations triggered from a sharp drop, hitting margin levels and forcing exchanges like Binance & Coinbase to auto-close positions .

• It’s a reminder of how sensitive the futures market is—even modest price moves can wreck high-leverage positions.

🎯 Trader Alerts

• Volatility has surged—if you’re trading with leverage, margins just got much tighter.

• BTC support levels (~$64k–66k) and ETH (~$3.6k–3.8k) are crucial areas to watch next.

• As volatility becomes volatility, keep stops tight, reduce leverage, and watch for institutional (ETF/fund) moves.

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