In the last 24 hours, total crypto liquidations hit about $1.91B – roughly 408,483 traders got wiped out. This isn’t “healthy volatility.” This is forced selling, leverage getting shut down because margin couldn’t hold. This is where things can get messy, fast.
When liquidation numbers look like this, it usually means:
- Leverage was too high
- Liquidity was thinner than people thought
- Cascades did what cascades do
If you’re wondering why price action feels violent: BTC sliding under $64K today is exactly the kind of move that triggers these chain reactions. I’ll keep you updated. When leverage cools off, you’ll feel it in the tape.
BTC
65,738.74
-2.78%
ETH
1,920.92
-1.66%
SOL
77.43
-2.84%