The post $499M Liquidations Hit Crypto Market after Israel Strikes Iran appeared on BitcoinEthereumNews.com.

The crypto sector has experienced noteworthy liquidations over the past 24 hours amid geopolitical unrest. In this respect, a staggering $499.85M has left the market after Israel began a preventive strike, as it claims, on Iran. As per the data from Coinglass, these crypto liquidations have deeply affected up to 140,096 traders worldwide. The top crypto assets getting a notable impact take into account Ethereum ($ETH) and Bitcoin ($BTC), triggering wider market sell-offs. 24-Hour Liquidations $500M Trigger Concerns Amid Worsening Israel-Iran Conflict Based on the liquidation heatmap, a huge amount of up to $499.85M has quit the crypto market as a part of the massive liquidation over 24 hours. Specifically, Israel’s defensive strikes on Iran have reportedly emerged as a driving force behind the market-wide liquidations. So, overall, 151,468 crypto traders got liquidated during this development. Additionally, the long positions suffered a total of $437.75M while the short positions went through a $62.02M loss in broader liquidations. Particularly, Bitcoin ($BTC) has emerged as the top crypto asset in terms of the latest 24-hour liquidations. Thus, the flagship crypto asset has lost a cumulative $169.22M. However, its long liquidations account for $155.41M, whereas the short liquidations denote $13.80M. Subsequently, Ethereum ($ETH) also faced a liquidation of $133.98M. Hence, the long $ETH positions lost $123.88M and $10.9M left short $ETH positions. Simultaneously, the crypto exchanges cumulatively incurred loss of $498.09Min liquidations over 24 hours. The top crypto exchanges going through liquidations include Bybit, Binance, and Hyperliquid. Bybit’s liquidations stand at $111.27M, with longs accounting for $100.48M and shorts facing $10.80M. Subsequently, Binance’s total liquidations sit at $102.52M, with shorts hitting $22.13M and longs reaching $80.39M. Moreover, out of the total $78.95M in Hyperliquid’s 24-hour liquidations, shorts accounted for $5.29M, and longs hit $73.65M. Growing Liquidations Highlight Potential for Further Market Downturn Based on…

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Filed under: News - @ February 28, 2026 2:17 pm