Crypto liquidations surge past $800M with notable market cap decline
Key Takeaways
- More than $800 million in crypto positions were liquidated in the past 24 hours.
- The total crypto market cap has dropped nearly 30% since October 6, intensifying volatility.
Crypto liquidations surged past $800 million today amid a sharp decline in total market capitalization, as leveraged trading positions across major exchanges were forcibly closed. Total crypto market losses have now approached 30% since October 6.
Recent price drops triggered widespread liquidations, with Bitcoin and other digital assets seeing positions rapidly closed as market volatility breached key margin thresholds.
The surge highlights the risks of leveraged trading in crypto, where sudden swings can force automatic closures once collateral levels fall below maintenance requirements.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid News Today: Crypto Whale Maintains $145M ETH Position After $4.9M Loss, Anticipates Surge to $3,860
- Hyperliquid's whale 0x9ee holds $145M ETH long with $4.9M loss, targeting $3,860 rebound despite market volatility. - Portfolio includes $52.2M XRP long and $44M ASTER short, highlighting leveraged crypto trading's mixed gains/losses. - Platform faces $5M liquidity loss from Popcat manipulation and 38% HYPE futures decline, signaling ecosystem instability. - High-leverage risks exposed by $168M liquidation and $100M BTC loss parallels, underscoring market fragility. - ASTER short turning to long position
Crypto Privacy Era Concludes as IRS Integrates into International Tax System
- The White House proposes IRS access to offshore crypto transactions via OECD's CARF framework to combat tax evasion and align with global standards. - CARF, supported by 72 countries including major economies, will enable cross-border data sharing while exempting DeFi transactions from new reporting rules. - U.S. crypto exchanges will report detailed transactions to IRS from 2026, marking a shift toward transparency as markets react with price volatility. - Critics raise privacy concerns over expanded IR
TRX News Today: JUST DAO Links USDJ with TRX to Address Market Fluctuations and Regulatory Challenges
- JUST DAO suspends USDJ operations, pegging it to TRX at 1:1.5532 to stabilize amid crypto volatility and regulatory scrutiny. - USDJ surged 187.82% pre-announcement, outperforming Bitcoin’s 0.77% drop as TRON-based assets show resilience. - Market cap fell to $3.21T as USDJ’s TRX peg aims to reduce fiat reliance and align with DeFi’s blockchain-native trends. - Mixed reactions highlight risks of TRX volatility undermining the peg, while analysts foresee TRX’s DeFi integration boosting its 2025 appeal.
TWT's Updated Tokenomics Framework: Transforming DeFi Governance and Enhancing Investor Yields
- Trust Wallet's TWT token redefines DeFi governance through utility-driven value creation, deflationary supply, and community governance in 2025. - Permanent burning of 88.9 billion tokens creates scarcity, while gas discounts, collateral capabilities, and governance rights align utility with platform adoption. - Hybrid investor returns combine scarcity-driven appreciation, staking yields, and fee-burn mechanisms, but depend on Solana ecosystem performance and utility adoption. - Challenges include fragme
Trending news
MoreCrypto prices
More
