$759 Million In Crypto Liquidations: 167,000 Traders Lose Out In 24 Hours

Over $759 million was wiped from cryptocurrency trading platforms in a single day, with over 167,000 traders experiencing losses. This massive shakeup comes amid increased market volatility that has triggered forced sell-offs for those using high leverage on their positions across various exchanges including Binance, OKX, and Bybit. Traders were caught off guard by rapid price swings across major cryptocurrencies like Bitcoin and Ethereum, causing a domino effect of trading closures as exchanges automatically liquidate leveraged positions to minimize further losses. 2025