Market Bloodbath: $365M in Total Liquidations Swept Through Network in Single Day

gas_fee_therapist · 2025-12-26T19:37:17+00:00

The cryptocurrency market faced significant liquidations totaling $365 million in 24 hours, primarily affecting long positions. Over 127,000 traders were forced to close their positions, illustrating the risks of leveraged trading amid volatility.

gas_fee_therapist

2025-12-26 19:37:17

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A massive wave of liquidations has hit the cryptocurrency market, with Coinglass reporting that the total liquidations across the network over the past 24 hours reached $365 million. The most staggering part? Long positions bore the brunt of the selling pressure, accounting for $236 million of that total, while short liquidations contributed $129 million.

The scale of the carnage extended beyond just dollar amounts. Across the globe, 127,776 traders found themselves on the wrong side of leverage, resulting in forced position closures. Hyperliquid emerged as the epicenter of today’s liquidation storm, with a BTC-USD contract hitting a record single liquidation worth $5.1651 million—a sobering reminder of how quickly fortunes can evaporate in leveraged trading.

This wave of total liquidations underscores the inherent risks of margin trading during volatile market conditions. When positions move against leveraged traders, the cascade effect can be brutal and immediate.

HYPE3,5%

BTC-1,59%

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