Crypto Futures Liquidation Don Pass $985M Amid Wahala
Crypto futures liquidation don sharply increase for recent days, with $727M wipe comot inside one 24-hour period. Another crypto perpetual futures liquidation event see $258M forced closure spread across main tokens.
Ethereum lead with $149.8M liquidated—85% na from long positions. Bitcoin get $67.4M (77% na longs) and Solana $41.6M (92% longs). High leverage, mad market wahala, plus no stop-loss orders wen start automatic liquidation chain. These crypto perpetual futures liquidation events dey usually make selling pressure high and funding rates spike for top exchanges.
To manage risk, traders suppose keep leverage under 10x, set stop-loss orders, maintain healthy margin buffers, diversify holdings, and ginger robust risk controls.
Bearish
Big big forced liquidations—$727M for general futures and $258M for perpetual futures—dey show serious selling pressure plus high funding rates. Short short, cascade auto‐liquidations wey high leverage and volatility dey cause fit make prices fall. Long time, traders fit start dey use stricter risk controls and low leverage, we go cool down rebound momentum and keep market activity small.