Overview
- Bitcoin traded in the mid-$104,000s after the slide, marking one of the largest futures wipeouts in weeks.
- Total liquidations topped roughly $1.27–$1.37 billion over 24 hours, with nearly 90% coming from long positions.
- Major tokens fell in tandem, with Solana down about 9–10%, Ethereum down 5–6%, and XRP down around 5%, and combined altcoin liquidations near $300 million.
- Hyperliquid, Bybit, and Binance recorded the biggest totals for forced closures, and the largest single liquidation was reported on HTX.
- The Crypto Fear & Greed Index fell to 21, and coverage cited cautious remarks from Fed officials and thin order books during low-liquidity hours as key pressures.