Crypto Market Movers

Story: Over $1.1 Billion Lost in Crypto as Middle East Tensions Rise

By MikeT

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Binance Sees the Largest Single Liquidation. Leading the carnage was Binance, the world’s largest cryptocurrency exchange, which saw $456…

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Bitcoin and Ethereum Take the Biggest Hit. The liquidation wave hit Bitcoin and Ethereum hardest, erasing $444 million and $291 million,…

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What Triggered the Meltdown?. The liquidation cascade followed Israel’s start of “Operation Rising Lion”, targeting critical…

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Bitcoin Tracks Global Risk Assets. Despite long-standing narratives positioning Bitcoin as an inflation hedge or geopolitical hedge,…

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246,000+ Traders Liquidated in One Day. Over 246,000 traders were liquidated in the past 24 hours, highlighting how heavily leveraged…

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What Comes Next?. Market analysts are now closely watching for further escalation in the Middle East, as any…

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Final Thoughts. This week’s crypto liquidation event is one of the largest of 2025 so far.

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The crypto market witnessed one of its most brutal wipeouts this year as rising geopolitical tensions in the Middle East triggered a massive sell-off, wiping out over $1.

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According to data from Coinglass, nearly 91% of these liquidations were long positions, indicating widespread optimism that was abruptly crushed by sudden market volatility.

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This sharp correction left hundreds of thousands of traders exposed—and many wrecked.

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Trailing closely behind were Bybit with $372 million and OKX with $126 million in liquidations, as the selling spread rapidly across major platforms.

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This event underscores a key theme: Crypto is still a high-risk asset class, particularly vulnerable to macro and political developments.

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The liquidation cascade followed Israel’s start of “Operation Rising Lion”, targeting critical Iranian military and nuclear infrastructure.

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The International Atomic Energy Agency (IAEA) is currently assessing the impact, with special attention to radiation risks and inspector safety.

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Despite long-standing narratives positioning Bitcoin as an inflation hedge or geopolitical hedge, the recent crash reaffirms that Bitcoin remains deeply tied to traditional…

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