$345 million liquidated in crypto market after Fed rate hike
- —$345 million in liquidations occurred in the hours around the FOMC decision
- —The figure reflects the volume of forced position closures, not spot outflows
- —Data is not verified against a single on-chain or exchange dataset
- —Cascade risk is higher when open interest is elevated and funding is stretched
Why it matters: The liquidation spike shows excess leverage is being flushed out; further movement depends on open interest and funding.
Source: Coincu