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Crypto•1 July 2026•

1 min read

$359M in Crypto Liquidations as Bitcoin and Ethereum Hold Steady

Key Facts

1Crypto markets saw approximately $359.27 million in leveraged positions liquidated over the past 24 hours, driven by volatility whipsawing both sides.

This wave of forced liquidations comes amid sharp volatility in crypto markets with no clear directional trend. According to reports, crypto markets saw approximately $359.27 million in leveraged positions liquidated over the past 24 hours, driven by volatility whipsawing both long and short positions, per data from Tokenpost.

Despite the large liquidation volume, spot prices for Bitcoin and Ethereum held relatively steady, indicating the liquidation wave was driven by crowded derivatives positioning rather than a sudden price collapse. Open interest in futures contracts remains elevated, increasing the risk of further liquidations if volatility persists.

Traders are watching whether Bitcoin can hold its current support levels, while awaiting any U.S. economic data that could shift risk appetite. With no clear catalysts on the horizon, sharp swings in the derivatives market may continue, making risk management a priority for investors.