February 28, 2026 07:35:47 UTC
Crypto Liquidations Surge: Over $75B Wiped From Crypto in 60 Minutes as Israel attacks Iran
The crypto market saw a sharp sell-off after fresh geopolitical tensions between Israel and Iran spooked traders. Bitcoin dropped to around $63.6K while Ethereum slid to nearly $1.8K, triggering widespread panic. Roughly $75 billion was erased from the total crypto market cap within an hour as leveraged positions unwound rapidly. Analysts note that risk-off sentiment typically hits crypto fast during global conflicts, with elevated liquidations and volatility likely to persist in the near term.
February 28, 2026 07:34:37 UTC
Bitcoin Price Crash as Iran-Israel Attack Trigger $209M Liquidation Wave
Bitcoin plunged roughly $2,500 in just 45 minutes after reports of Israel striking Iran rattled global markets. The sudden sell-off triggered about $209 million in long liquidations within an hour, reflecting heavy leveraged exposure. Broader crypto sentiment also turned risk-off, wiping nearly $72 billion from total market value. Historically, geopolitical shocks spark rapid volatility in digital assets as traders rush to reduce risk, and the latest move highlights how quickly leveraged positions can unwind during macro-driven panic.
February 28, 2026 07:19:44 UTC
Bitcoin Liquidation Heatmap Signals Potential Short Squeeze
Bitcoin’s liquidation heatmap is heating up as heavy upside liquidity clusters emerge above the current price. Around $66,541, nearly $69.85 million in leveraged positions are at risk of being wiped out. The chart shows dense yellow bands stacked overhead, indicating significant short exposure. If Bitcoin delivers a strong upward move, it could trigger a rapid liquidation cascade, forcing short sellers to close positions and potentially accelerating bullish momentum in the near term.
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