20-5-2025 – The cryptocurrency market has been rocked by a staggering $220 million in liquidations, according to data from Coinglass. This seismic wave of forced closures underscores the volatility gripping digital assets, with short positions bearing the brunt at $118 million, narrowly outpacing the $102 million in long positions wiped out.
Ethereum (ETH) emerged as the hardest hit, with liquidations reaching $79.55 million, while Bitcoin (BTC), the market’s flagship cryptocurrency, saw $56.01 million in positions liquidated. This latest upheaval reflects the relentless unpredictability of the crypto landscape, where fortunes can shift in mere hours, leaving traders navigating a precarious tightrope between risk and reward.
