Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
$7.5B Liquidated in Crypto in Just 1 Hour

$7.5B Liquidated in Crypto in Just 1 Hour

CoinomediaCoinomedia2025/10/11 04:12
By:Ava NakamuraAva Nakamura

Over $7.5 billion was wiped out from crypto markets in 60 minutes, sparking panic and heavy losses.Leverage Plays Backfire on TradersMarket Sentiment and What Comes Next

  • Crypto markets saw $7.5B in liquidations in 1 hour
  • Massive price swings triggered leveraged position wipeouts
  • Traders face major losses amid extreme volatility

In a shocking turn of events, over $7.5 billion worth of positions were liquidated across global crypto markets within just 60 minutes. This massive wipeout has sent shockwaves throughout the industry, affecting traders, exchanges, and overall market sentiment.

The liquidation frenzy was likely triggered by extreme volatility, with major cryptocurrencies such as Bitcoin and Ethereum seeing sudden and severe price drops. Leveraged traders were hit the hardest as cascading margin calls forced rapid sell-offs, amplifying the crash.

Leverage Plays Backfire on Traders

Many investors use leverage to amplify potential profits, but when the market moves against them, it results in forced liquidations. During this intense 1-hour window, traders using high leverage on platforms like Binance, Bybit, and OKX saw their positions automatically closed.

These liquidations happen when a trader’s margin balance falls below required levels, and exchanges sell off assets to cover the loss. This usually accelerates the downturn, creating a vicious cycle of falling prices and more liquidations.

🚨 ALERT: $7.5B liquidated across crypto markets in the past 60 minutes. pic.twitter.com/wGdUezA7Fb

— Cointelegraph (@Cointelegraph) October 10, 2025

Market Sentiment and What Comes Next

The sudden liquidation event has rattled confidence in the crypto space, especially among retail investors. Analysts are closely watching key support levels in Bitcoin and Ethereum to gauge where the market might stabilize.

While long-term fundamentals for many crypto assets remain intact, this event is a stark reminder of how quickly things can turn in the world of digital assets—especially when leverage is involved. Traders are now being urged to manage risk carefully and reduce exposure to high-leverage positions in such a volatile environment.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!