Markets· ★★★★· bearish·

One year after the biggest liquidation crash: $19B wiped out, 1.6M traders hit

  • —$19 billion in positions liquidated in 24 hours, 1.6 million traders affected
  • —Bitcoin fell from $122,000 to $105,000, Ethereum lost about 15%
  • —Open interest in perpetual futures dropped 43% to $123 billion
  • —Cycle bottom hit $57,700 on June 30, 2026 — down 54% from the peak
Why it matters: The anniversary highlights leverage risk: the market has recovered to $87,000 but remains 30% below its all-time high.
Source: BTC-ECHO