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The volume of liquidations exceeded $575 million amid the drop of Bitcoin below $108,000.
On the night of August 30, the price of Bitcoin fell below the mark of $108,000.
The decline in the crypto market has led to an increase in liquidation volume above $575 million.
Most of the losses were on long positions.
On the night of August 30, 2025, the price of Bitcoin collapsed to $107,400. Later, the price of the first cryptocurrency recovered above $108,000.
All assets from the top 10 by market capitalization showed a decline. The first cryptocurrency decreased the most — 2.64%:
Against this backdrop, the volume of liquidations in the futures market for cryptocurrencies exceeded $575 million in 24 hours.
In the last 24 hours, 142,128 traders' positions have been liquidated. Approximately $462 million in losses were incurred on long positions, while more than $113 million were on short positions. Bitcoin and Ethereum dominate in terms of assets — positions worth around $155 million and $199 million were liquidated in pairs with these cryptocurrencies, respectively.
Recently, analysts at JPMorgan estimated the fair price of Bitcoin at $126,000.
Top 10 crypto assets by market capitalization.
The volume of liquidations in futures contracts in the cryptocurrency market.