Thursday’s flush wiped out $1.19B in crypto positions in 24 hours — and ether took the worst of it. ETH saw $356M in liquidations vs $298M for BTC, roughly six times the damage relative to market size, per CoinDesk. The slide followed hawkish Fed minutes and fresh Iran jitters, dragging BTC from ~$83,200 to ~$80,400. Then the twist: Trump said the U.S. would not strike Iran before the midterms, lifting BTC back toward $82,600 and turning liquidation pressure onto bearish traders. Meanwhile $2.16B in BTC+ETH options settled on Deribit with both assets trading below max pain. Leverage gives, and leverage takes. Not financial advice.
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A wave of liquidations hit crypto markets on Thursday: $1.19 billion in leveraged positions were forcibly closed within 24 hours, with Ethereum taking the biggest hit. ETH liquidations totaled $356 million in 24 hours, compared with just $298 million for BTC. Adjusted for market cap, ETH was hurt six times as much as Bitcoin. The trigger was a combination of hawkish Fed minutes and escalating tensions around Iran, which briefly sent Bitcoin down from $83,200 to $80,400. Then came the twist: Trump said the U.S. would not take military action against Iran before the midterm elections, sending Bitcoin back toward $82,600 and shifting liquidation pressure onto short sellers. On the same day, $2.16 billion worth of BTC+ETH options settled on Deribit, with both assets closing below max pain. Leverage can be brutal on the way in—and just as brutal on the way out. Not investment advice; for reference only.
$BTC $ETH #加密货币 #行情观察 #爆仓潮 #Ethereum
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A wave of liquidations hit crypto markets on Thursday: $1.19 billion in leveraged positions were forcibly closed within 24 hours, with Ethereum taking the biggest hit. ETH liquidations totaled $356 million in 24 hours, compared with just $298 million for BTC. Adjusted for market cap, ETH was hurt six times as much as Bitcoin. The trigger was a combination of hawkish Fed minutes and escalating tensions around Iran, which briefly sent Bitcoin down from $83,200 to $80,400. Then came the twist: Trump said the U.S. would not take military action against Iran before the midterm elections, sending Bitcoin back toward $82,600 and shifting liquidation pressure onto short sellers. On the same day, $2.16 billion worth of BTC+ETH options settled on Deribit, with both assets closing below max pain. Leverage can be brutal on the way in—and just as brutal on the way out. Not investment advice; for reference only.
$BTC $ETH #加密货币 #行情观察 #爆仓潮 #Ethereum