Crypto Liquidations Surge: $870.95M Wiped Out as 176K Traders Face Brutal Margin Calls
Global, April 2025: The cryptocurrency market experienced a severe deleveraging event this week, with a staggering $870.95 million in positions forcibly closed. Data from major derivatives exchanges shows that approximately 176,000 traders were liquidated as extreme volatility triggered a cascade of margin calls, disproportionately impacting leveraged long bets on Bitcoin, Ethereum, and major altcoins. Crypto […]
