Bitcoin Futures Liquidation Hits $132 Million in One Hour Amid Market Turbulence
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Overview of Liquidation Event: On March 15, 2025, global cryptocurrency markets faced extreme volatility, with major trading platforms liquidating approximately $132 million in futures contracts within one hour, highlighting ongoing risks in leveraged trading.
- Market Impact Analysis: This liquidation primarily affected long positions, causing Bitcoin and Ethereum to drop by 7.2% and 8.5%, respectively, and resulting in a total liquidation exceeding $419 million within 24 hours, indicating heightened market anxiety.
- Exchange Performance: During the liquidation, Binance, Bybit, and OKX accounted for 98% of the total liquidation value, with Binance alone reporting $68.2 million in long liquidations, underscoring the high concentration in the market.
- Risk Management Failures: Experts noted that many traders employed identical stop-loss levels, leading to concentrated liquidations, and the sequential processing of orders by exchange risk engines during volatility exacerbated price impacts, revealing vulnerabilities in market structure.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
