Crypto Futures Liquidations: $274M→$133M in 1h, $614M→$632M in 24h

Crypto futures liquidations surged in successive waves, erasing $274 million within one hour and $614 million over 24 hours in an initial phase, then moderating to $133 million in an hour and $632 million across the next 24 hours on major exchanges. Sudden Bitcoin (BTC) and Ethereum (ETH) price swings, amplified by excessive leverage—up to 100×—triggered automatic liquidations and cascading closures that intensified market volatility. The sell-offs pressured asset prices and elevated investor uncertainty, though nimble traders capitalized on dip-buying and short-squeeze opportunities. Experts advise robust risk management for crypto futures trading: use lower leverage, set tight stop-loss orders, diversify positions, and monitor funding rates and open interest to navigate future liquidation storms.