$653M+ crypto liquidations as bitcoin rebounds near $87K; exchange netflow shows >5,000 BTC left exchanges, tightening supply

first published 2025-12-16T03:23:30Z

Roughly $584 million in crypto liquidations occurred in 24 hours, forcing 181,893 traders out of positions. Longs comprised over 87% of losses. Bitcoin and Ether led liquidations with $174.3M and $189M respectively; the largest single wipe was an $11.58M BTCUSDT order on Binance. Binance, Bybit and Hyperliquid accounted for about 75% of liquidations (Hyperliquid 98% longs). Major altcoins also saw pain: Solana $34.5M, XRP $14.5M and Dogecoin $11.8M. The move appeared to be a liquidity sweep without a clear news catalyst, underscoring fragile, leverage-driven rallies and downside-skewed volatility until spot demand returns.

AI Analysis

The story reports $584M of liquidations in 24 hours, with >87% from long positions and major totals for BTC ($174.3M) and ETH ($189M), plus a single $11.58M BTCUSDT wipe — concrete, short-term market-moving facts. It also notes no clear catalyst and a liquidity sweep, implying elevated short-term downside risk for leveraged traders.

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