In the evening of June 21, 2025, $BTC bitcoins fell below the $101,000 mark, and the prices of most altcoins also dropped. Against this backdrop, the volume of liquidations in the cryptocurrency futures market exceeded $680 million in 24 hours.
In the last 24 hours, positions of more than 172,000 traders were liquidated. Over $595 million in losses were attributed to long positions, approximately $85 million to short positions. Bitcoin and Ethereum dominate the assets – positions worth about $151 million and $280 million were liquidated in pairs with these cryptocurrencies, respectively.
Notably, by the morning of June 22, the price of the first cryptocurrency had recovered to around $103,000. This likely occurred against the backdrop of U.S. President Donald Trump's announcement about the destruction of three nuclear facilities in Iran. At the time of writing, the first cryptocurrency is trading near the mentioned mark:
