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Coinwy > Blog > Crypto > Bitcoin > Massive Crypto Liquidation Hits $700M in BTC Longs
Bitcoin

Massive Crypto Liquidation Hits $700M in BTC Longs

Thiago Alvarez
Last updated: December 4, 2025 6:48 am
Thiago Alvarez
Published: December 4, 2025
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Massive Crypto Liquidation Hits $700M in BTC Longs
Massive Crypto Liquidation Hits $700M in BTC Longs
Key Points:
  • $700M in Bitcoin long positions wiped out in sudden market move.
  • Bitcoin’s price dropped 5% below $86,000.
  • Microeconomic tightening attributed to increased liquidation risks.

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A massive cryptocurrency liquidation event tore through the market overnight in December 2025, wiping out $700 million in leveraged positions and impacting major assets like Bitcoin and Ethereum.

The event highlights systemic fragility due to skyrocketing leverage and tight macroeconomic conditions, leading to significant market cap losses and a sharp drop in Bitcoin’s price.

A sudden liquidation wave hit the cryptocurrency market, erasing over $700 million in leveraged Bitcoin long positions. This aligns with a Bitcoin price decline of about 5%, marking a notable shift in trader sentiment.

Major market participants, including leveraged traders and institutional investors, are at the center of these events. Key figures such as Arthur Hayes and Changpeng Zhao have historically highlighted related risks, though not directly on this specific incident.

Immediate effects include a sharp decrease in Bitcoin and Ethereum prices, with Bitcoin dropping below $86,000 and Ethereum experiencing significant liquidations. This has stirred the market, increasing volatility and trading volumes. Financial implications are profound, highlighting systemic risks in highly leveraged markets. Social insights suggest that this surge in liquidations reflects broader macroeconomic pressures, signaling potential adjustments ahead.

Raoul Pal, macro investor and crypto KOL, stated, “The latest liquidation wave illustrates the fragility within the crypto ecosystem due to excessive leverage amidst economic tightening.” – Source

Events of this kind, historically tied to macroeconomic changes, inform current market strategies. The December liquidation aligns with previous instances of leveraged-induced cryptosystem shocks. Analysts emphasize ongoing financial risks and regulatory uncertainties. As demonstrated in past trends, technological advancements and community responses shape future resilience in leveraging markets.


For further financial analysis and insights, you can explore Morningstar’s in-depth research.

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