$1.7B Liquidated From Crypto In The Last 24 Hours 🚨

Here’s why it happened and why it may actually set the stage for the next leg up 👇

The biggest reason was excessive leverage in the system.

👉 Bitcoin Open Interest = $42B

👉 Altcoin Open Interest = $72B

That imbalance is key.

Bitcoin’s market cap is almost 20% bigger than all altcoins combined, yet alt OI was still 70–80% higher than BTC.

It was a leverage bubble waiting to pop.

When altcoin leverage gets this extreme, the market doesn’t ignore it.

One sharp move down triggers cascading liquidations.

ETH alone saw $497M wiped out in 24 hours, nearly 78% higher than Bitcoin’s liquidations.

That’s how you flush out weak hands and reset the board.

The second driver was quarterly options expiry.

For Bitcoin, $17.5B worth of contracts are expiring.

The max pain”level sits near $110K.

👉 Max pain = the price point where both bulls and bears take the maximum hit.

👉 Market makers often push price toward that level.

Ethereum has its own expiry pressures.

Notional value set to expire = $5.5B

Max pain = ~$3,700

Just like BTC, ETH price action tends to gravitate toward this zone around expiry.

That creates more short-term volatility, but also clears positioning.

So why is this actually healthy?

- Leverage flushes kick out the short-term gamblers.

- Options expiry punishes both sides at max pain.

What’s left is a market where smart money can step in, buy bottoms, and build stronger support levels.

Every major rally in the past began after a similar reset.

Think of it like cleaning out the system:

- Too much leverage = fragile markets.

- Flushes wipe the slate clean.

- Liquidity resets, and momentum can rebuild.

It feels painful in the moment, but it’s how long-term bull markets are built.

$1.7B in liquidations looks scary.

But it’s also a sign that the market is resetting leverage,

expiring contracts at max pain, and setting the stage for the next leg higher.

Tourists are gone.

Big money is waiting.

The cycle continues.

#BinanceHODLer0G #MarketPullback #BNBBreaksATH #GoldHitsRecordHigh #FedRateCut25bps $BNB

$BTC

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