According to Eleanor Terrett, Bitcoin has plummeted 50% from its previous all-time high due to forced liquidations and significant investor sell-offs. Former CFTC Chair Giancarlo discussed the crash, the role of prediction markets, and his amicus brief advocating for federal oversight. This development highlights heightened volatility and regulatory discussions in the cryptocurrency market.

According to @KobeissiLetter, crypto market losses have surpassed $300 billion and are on track for the biggest daily drop since the October 10 liquidation, source: @KobeissiLetter. The post adds that about $2 billion in levered positions were liquidated over 24 hours and Bitcoin (BTC) is near $62K, source: @KobeissiLetter.

According to @BullTheoryio, 2 billion was liquidated from crypto in the last 24 hours. The source reports Bitcoin dropped over 10,000 and fell below 64,000, wiping out 200 billion in market cap, while Ethereum fell below 1,850 with 39.4 billion in market cap erased.

According to @ai_9684xtpa, ETH has broken below $2,000 and a tracked account known as Yi Boss has a liquidation zone between $1,574.6 and $1,681.49, while Trend Research would need to sell about 320,000 ETH to fully close leverage, highlighting potential localized sell pressure near that band for ETH traders (source: @ai_9684xtpa on X). The post also notes BTC fell from 98k to 70k in 22 days with ETH dropping about $1,300 in tandem, and shares a free tutorial tool for quickly checking DeFi lending liquidation prices to monitor on-chain liquidation risk levels (source: @ai_9684xtpa on X).

According to @EmberCN, a large ETH borrower on Spark Protocol has 23,800 ETH posted as collateral against 35.27M DAI, with a liquidation level near 1,800 USD; as ETH moved toward 2,000 USD, the wallet began cutting exposure when the gap narrowed to about 250 USD to avoid liquidation (source: @EmberCN on X). For short term traders, the update highlights on-chain leverage concentration and liquidation risk bands around ETH on Spark, making DeFi lending flows a key watch (source: @EmberCN on X).

According to @BullTheoryio, Bitcoin BTC fell below 70,000, wiping out nearly 120 billion in value over the past 24 hours, with about 900 million in long positions liquidated, and BTC now trades near its 2021 all time high. According to the same source, the scale of liquidations highlights elevated volatility conditions, prompting tighter risk controls for leveraged traders.

According to @BullTheoryio, Bitcoin fell by $20,000 from $90,000 to $70,000 over eight days, a decline of 23%, and Ethereum dropped nearly $1,000 from $3,050 to $2,070, down 32% (source: @BullTheoryio on X). According to @BullTheoryio, more than $7 billion in leveraged longs and shorts were liquidated, highlighting forced unwinds on both sides of the book (source: @BullTheoryio on X).

According to @lookonchain, Machi deposited 249,950 USDC to continue long exposure in $ETH and $HYPE. The address now holds 1,000 ETH (about $2.13M) and 26,000 HYPE (about $904K) with liquidation prices at $1,933.21 for ETH and $26.93 for HYPE. Source: @lookonchain; Hyperdash. @lookonchain also reports the trader has been liquidated 262 times, underscoring persistent high leverage risk. Source: @lookonchain. For traders, these liquidation thresholds mark key risk levels where forced unwinds would occur if reached. Source: @lookonchain.

According to @BullTheoryio, Bitcoin BTC plunged about $1,900 in roughly 25 minutes, liquidating around $70 million in longs, then rebounded about $1,200 in roughly 10 minutes, liquidating about $15 million in shorts, with no major news catalyst identified. According to @BullTheoryio, this two-sided liquidation sequence signals heightened short-term volatility and liquidity grabs that can punish high leverage futures positions and increase slippage near recent swing levels. Based on @BullTheoryio’s data, traders may consider tighter risk controls, reduced leverage, and patience around key liquidity zones until volatility normalizes.

According to @EmberCN, multiple leveraged Ethereum (ETH) whale or institutional borrowers are being stopped out at the current price zone. According to @EmberCN, one identified address cluster executed stop-loss exits totaling about 36.9K ETH on Hyperliquid over four days and withdrew roughly 82.36M USDC to repay debt. The source adds that the deleveraging is ongoing, with about 56K ETH still being reduced, according to @EmberCN.

According to @OnchainLens, the whale wallet 0x9ee has reopened a 15x ETH long after being fully liquidated, with the new leveraged position visible via on-chain trackers at hyperbot.network/trader/0x9eec98d048d06d9cd75318fffa3f3960e081daab and detailed in the X post https://x.com/OnchainLens/status/2018975761311633429. According to @OnchainLens, the address was previously liquidated on ETH and XRP longs with cumulative realized losses of about 61.38M and now shows an overall drawdown of roughly 10.76M, corroborated by app.coinmarketman.com/hypertracker/wallet/0x9eec98d048d06d9cd75318fffa3f3960e081daab and the X post https://x.com/OnchainLens/status/2017603405372658167.

According to @santimentfeed, Bitcoin (BTC) dropped to $72.8K before bouncing as clarity from a passed bill prevented a U.S. government shutdown. According to @santimentfeed, DeFi liquidations totaled about $30M during the move, underscoring elevated crypto volatility. According to @santimentfeed, their latest insight analyzes the volatility drivers and what traders should watch next.

According to Lookonchain, Machi Big Brother was liquidated another 10 times, with the 250K USDC he deposited one day earlier now down to 57.7K USDC (source: Lookonchain). According to Lookonchain, the pattern is deposit funds, double down on longs, get liquidated, repeat, highlighting persistent overleverage risk (source: Lookonchain). According to Lookonchain, this sequence underscores how averaging into leveraged longs can rapidly erode capital when positions are repeatedly liquidated (source: Lookonchain).

According to @BullTheoryio, Bitcoin dropped by about $1,700 right after the U.S. market open, with more than $55 million in long positions liquidated over the last two hours and roughly $50 billion erased from crypto market capitalization in the same move. According to @BullTheoryio, the selloff arrived despite positive developments tied to the U.S. government shutdown. According to @BullTheoryio, the reported long liquidations indicate a leverage flush and heightened intraday volatility into the U.S. session; based on this source data, traders may consider reducing leverage, tightening stops, and waiting for confirmation before reentry.

According to @lookonchain, trader Machi (@machibigbrother) was partially liquidated again, bringing his total liquidations to 252, reinforcing his King of Liquidations reputation (source: @lookonchain on X). According to @lookonchain, after a near wipeout he reloaded about 250K USDC and resumed max leverage long positions in ETH and HYPE (source: @lookonchain on X). According to @lookonchain, these max leverage longs concentrate risk and heighten sensitivity to volatility and potential liquidation cascades in ETH and HYPE exposure (source: @lookonchain on X). According to @lookonchain, the trading activity can be tracked via legacy.hyperdash.com/trader/0x020cA66C30beC2c4Fe3861a94E4DB4A498A35872 for ongoing position and liquidation signals (source: @lookonchain on X).

According to @BullTheoryio, after the US futures open, Bitcoin BTC fell about $1,550 in 12 minutes and then rebounded roughly $1,910 within 26 minutes. Source: @BullTheoryio. Nearly $100 million in long positions were liquidated over the last hour, highlighting acute intraday volatility and elevated risk for leveraged traders. Source: @BullTheoryio.

According to @BullTheoryio, the week unfolded as a sequential risk-off breakdown: small caps led with a sharp Russell 2000 decline after fresh highs, DXY hit a multi-year low after comments suggesting a weaker dollar was not a concern and yen intervention rumors, the S&P 500 and then Nasdaq sold off after U.S. officials denied intervention plans, gold and silver crashed on liquidations and margin pressure, and finally BTC and ETH fell as high leverage amplified crypto selling, forming a chain reaction from small caps to dollar to equities to metals to crypto (source: @BullTheoryio). According to @BullTheoryio, traders should treat small-cap weakness and DXY behavior as early cross-asset signals, anticipate spillovers into tech and metals during risk-off, and manage leverage to mitigate crypto liquidations during high-volatility cascades (source: @BullTheoryio).

According to @EmberCN, the two largest ETH long positions on Hyperliquid have been liquidated and Trend Research has begun stop-loss reductions, source: @EmberCN. According to @EmberCN, a whale with roughly $181 million in ETH longs was fully liquidated with about $54 million in total losses, source: @EmberCN. According to @EmberCN, another whale with roughly $660 million in ETH longs was fully liquidated with about $230 million in total losses, source: @EmberCN. According to @EmberCN, the author questioned whether the short-term move may be near exhaustion, source: @EmberCN.

According to @lookonchain, the trader known as BitcoinOG (1011short) was fully liquidated with total forced liquidations reaching $522M. According to @lookonchain, the account swung from over $142M profit to a $128.87M loss and now shows a zero balance. According to @lookonchain, the data source referenced is the Hyperdash trader page at legacy.hyperdash.com/trader/0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae.

According to @EmberCN, a whale’s roughly 230 million USDC long on Hyperliquid held for nearly two months was fully liquidated when ETH dropped to about 2.2k at 02:43, wiping the position’s margin (source: @EmberCN). The trader had transferred around 230 million USDC into Hyperliquid in early December to open the long, and the liquidation consumed the entire amount (source: @EmberCN). Despite this loss, the entity still holds assets valued around 4.8 billion, including approximately 901,000 ETH and 33,000 BTC (source: @EmberCN). For traders, this confirms that a widely watched whale liquidation level on ETH perpetual futures was reached on Hyperliquid, marking a key deleveraging event on the long side (source: @EmberCN).