Condividi questo articolo
Crypto Futures See $300M in Losses After Spot Market Drops
Nearly 80% of long positions were liquidated over 24 hours, with $90 million in losses on bitcoin futures alone.
A drop in crypto markets from Monday evening (UTC) prompted almost $300 million in liquidations across several crypto futures contracts, data from analytics tool Coinglass showed. More than 109,000 traders’ positions were liquidated in the past 24 hours.
Bitcoin prices rose above $52,000 on Monday before tumbling by as much as $3,000 early Tuesday, causing over $94 million in liquidations. Such figures were last seen earlier this month after bitcoin fell to as low as $41,000 from highs of around $69,000 in November. Losses due to liquidations exceeded $435 million at the time.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Liquidations occur when an exchange forcefully closes a trader’s leveraged position as a safety mechanism due to a partial or total loss of the trader’s initial margin. They happen primarily in futures trading, which only tracks asset prices, as opposed to spot trading, where traders own the actual assets.
Nearly 80% of the $300 million in liquidations occurred on long positions, which are futures contracts in which traders bet on a price rise. Crypto exchange Binance saw $119 million in liquidations, the most among major exchanges, while traders on FTX took on $78 million in losses.
Futures on ether, the native currency of the Ethereum network, saw over $57 million in liquidations. Losses on altcoin futures were lower, with Solana and traders taking on slightly over $9 million in losses. The relatively smaller liquidation figures for altcoins compared with bitcoin imply recent price surges for SOL and LUNA were driven mainly by spot trading.
Open interest – the total number of unsettled futures or derivatives – for bitcoin fell 0.2% despite the losses, implying little money flowed out of the market despite the drop.
Data from Coinglass shows $19 billion worth of futures positions on bitcoin remain open in the last week of 2021 and $11 billion worth on ether futures. The figures are several times higher than those for altcoins, with only solana futures carrying an open interest of over $1 billion into 2022 among large-cap cryptos.
Di più per voi
Cosa sapere:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Di più per voi
Coinbase Sees Crypto Recovery Ahead as Liquidity Improves and Fed Rate Cut Odds Climb
The crypto exchange also took note of a so-called AI bubble that continues to go strong and a weaker U.S. dollar.
Cosa sapere:
- Coinbase Institutional is seeing a potential December recovery in crypto, citing improving liquidity and a shift in macroeconomic conditions that could favor risk assets like bitcoin.
- The firm's optimism is driven by rising odds of Federal Reserve rate cuts, with markets pricing in a 93% chance easing next week, and improving liquidity conditions.
- Several recent institutional developments, including Vanguard's crypto ETF policy reversal and Bank of America's greenlighting of crypto allocations, have contributed to bitcoin's rebound from recent lows.
Top Stories
