CandleFocus Long positions worth $809M liquidated in the cryptocurrency market in the past 24 hours
2025-02-25
Author: Content Editor
The crypto market has seen a significant number of liquidations, primarily affecting long positions, with a total of $809 million liquidated in the past 24 hours. This accounts for over 90% of all liquidations. The Bybit exchange has experienced the highest amount of liquidations, with $371 million in long positions wiped out. Bitcoin suffered the largest liquidations, followed by Ethereum and Solana. Overall, the market has been in turmoil due to economic uncertainties under Trump's administration, leading to a risk-off market sentiment. U.S.-approved Bitcoin exchange-traded funds have also experienced major outflows this month.
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