HUGE: $546 Million Liquidated from Crypto Market in the Past 24 Hours.

The ongoing volatility has triggered a massive wave of liquidations, with $546 million in leveraged positions wiped out across major exchanges in the last day.

Most of the pain came from long positions, as Bitcoin and Ethereum continued testing lower supports amid geopolitical uncertainty and sustained ETF outflows.

This brings the total liquidation volume higher in recent sessions, highlighting how elevated leverage is amplifying price swings in both directions.

Such large liquidation events often mark local exhaustion points, but they also increase the risk of cascading moves if key levels break.

$546M Crypto Liquidations in 24 Hours – Longs Taking Heavy Damage