Crypto Market Sees $210M in Liquidations as Bitcoin and Ethereum Lead

News Flash 2025-12-23 09:46

The cryptocurrency market experienced significant volatility, resulting in $210 million in liquidations over the past 24 hours, according to ChainCatcher. Long positions accounted for $129 million, while short positions made up $81.18 million of the total liquidations. Bitcoin led the market with $54.32 million in long liquidations and $31.49 million in short liquidations. Ethereum followed with $36.59 million in long and $21.47 million in short liquidations. A total of 81,545 traders were liquidated, with the largest single liquidation reaching $44.34 million on the Hyperliquid-BTC-USD pair. As the market remains volatile, traders are paying close attention to key support and resistance levels to navigate the ongoing fluctuations.

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