$515 million in crypto positions liquidated in 24 hours
- —Liquidations over 24 hours totaled $515 million
- —The heaviest load fell on BTC and ETH futures
- —Liquidations were processed by Binance, Hyperliquid, OKX and Bybit
- —For comparison: $571 million was liquidated on September 16 after the CLARITY Act failed
Why it matters: The liquidation spike signals excessive leverage and the risk of sharp price moves on the slightest negative trigger.
Source: Crypto Briefing