Crypto Derivatives Market Hit by Massive 24H Liquidations as 219,704 Traders Wiped Out
The post Crypto Derivatives Market Hit by Massive 24H Liquidations as 219,704 Traders Wiped Out appeared on BitcoinEthereumNews.com.
The crypto derivatives market passed through a rocky 24-hour period on December 1, 2025, with the total liquidation soaring across the key exchanges. The intensity of the market volatility was depicted by the number of traders that were liquidated to a total of 219,704. LIQUIDATION DATA IN 24 HOURS TOTAL LIQUIDATIONS: UP TO $636.94M TOP 5 COINS WITH HIGHEST LIQUIDATION: $BTC ~ $205.51M… pic.twitter.com/Ln90pWgYxE — PHOENIX – Crypto News & Analytics (@pnxgrp) December 1, 2025 The largest single crypto liquidation order was on Binance, the BTCUSDC trading pair and was worth $14.48 million. This one occasion underlined the sharp market reprisals that affected both long and short positions within industries. BTC, ETH, and SOL Lead Asset Liquidations Bitcoin was the most heavily liquidated crypto asset with a total of 205.51 million being cleared on long and short positions, which is equal to around 2.37K of BTC. Ethereum came next with a liquidated amount of $159.76 million amounting to approximately 56.29K ETH. Solana had the third position of liquidated assets totalled to $35.57 million, which is about 279.41K SOL. These statistics underline the prevalence of large-cap cryptos in causing recent market volatility. Altcoins Experience Strong Liquidation Pressure Great volumes of crypto liquidation were also made in the Altcoins. XRP suffered liquidations valued at $16.84 million which equates to a figure of about 8.17M XRP. Pippin had liquidations amounting to $15.24 million, which is approximately 106.57M tokens. DOGE was liquidated, $10.08M or 73.04M DOGE. Other assets that were hit were HYPE at $9.96 million or 322.64K tokens, SUI at $5.23 million or 3.81M SUI and LTC at $4.73 million or 60.88K LTC. MON observed $4.23 million liquidations or about 187.33M tokens whereas BNB incurred a loss of $3.80 million or 4.57K tokens. ADA came in with the final number of $3.73M liquidated…
Filed under: News - @ December 2, 2025 5:20 am