Crypto Markets See Highest Liquidation Surge Since 2025's Black Friday

Crypto markets experienced a significant surge in liquidations over the past 24 hours, reaching their highest level since October 10, 2025. According to data from CoinGlass analyzed by Finbold, the total daily crypto liquidations hit approximately $3.35 billion.

The Ethereum ecosystem recorded the largest single-network forced closure of derivatives positions, amounting to $610 million, up 7.27% in 24 hours, based on metrics from Coinalyze.

Meme coins also experienced a significant spike in liquidations, with a reported market capitalization of about $23.8 billion at the time of publication.