Bitcoin, Ether, Solana Traders Liquidated for Over $1B as Prices Dump 5-10%

Why It Matters

The wave of long liquidations underscores the fragility of heavily leveraged crypto positions and may mark a short‑term capitulation that sets new support levels, influencing market sentiment ahead of key monetary policy signals.

Summary

Bitcoin’s price slipped from $112,000 to below $106,000, sparking more than $1.27 billion in leveraged futures liquidations across crypto markets, with long positions accounting for roughly 90% of the wipes and $1.14 billion of bullish bets erased. The biggest single loss was a $33.95 million BTC‑USDT long on HTX, while Hyperliquid led platforms with $374 million in forced closures, followed by Bybit and Binance. Ethereum and Solana added another $300 million-plus in liquidations, leaving open interest near $30 billion as traders brace for the Federal Reserve’s upcoming rate decision.