Crypto crash: Liquidated over $ 1.7 billion in 24 hours!
On October 7, 2025, Dailyhodl.com reports on massive $ 1.71 billion liquidations on the cryptoma market, while Bitcoin and Ethereum fall.

Crypto crash: Liquidated over $ 1.7 billion in 24 hours!
At the beginning of this week, the cryptocurrency market experienced a dramatic decline, which led to massive losses for traders. Current data show that over $ 1.71 billion in positions have been liquidated in the last 24 hours. More than 94% of these liquidations come from lit long positions, which indicates a high leverage and the associated risks. Bitcoin (BTC) is currently under $ 113,000 and suffers from loss of over one billion dollars in crypto derivative retailers, such as [Daily Hodl] (https://dailyhodl.com/2025/09/22/171000000000-Liquidated-from-crypto-markets-as-Bitcoin- and-altcins-plummet-to-The-week/).
The highest number of liquidations was recorded on the Dubai-based crypto exchange bybit, which has the largest proportion of liquidated positions with $ 897.62 million. The largest stock exchange according to trading volume, Binance, also had to deal with $ 365.7 million. Bitcoin positions were particularly affected, with a total of $ 291.67 million of liquidations, followed by $ 512 million. Further remarkable liquidations concerned Solana (SOL) with $ 97.68 million, XRP with $ 79.20 million and Dogecoin (Doge) with $ 61.9 million.
Market reactions and purchase signals
Despite the turbulent market conditions, there are also companies that see the situation as a purchase opportunity. Strive Asset Management, a financial service company based in Texas, recently acquired 5,816 Bitcoin at an average price of $ 116,047 per Bitcoin, which corresponds to a total of $ 675 million. As a result, the Bitcoin-Holdings rise from Strive to 5,886 Bitcoin, while the company plans a merger with Semler Scientific, Inc. The combined company would therefore hold more than 10,900 Bitcoin.
Current courses show that Bitcoin is currently trading at $ 112,901, which corresponds to a decline of 2.2%. Ethereum, on the other hand, is $ 4,182 and suffered a decline of 6.8% within a day. These developments throw a light on the prevailing uncertainty and volatility within the cryptom market.
Conclusion
The massive liquidations and the decline in prices indicate considerable challenges for crypto traders. At the same time, some investors consider strategic purchases, even if the risks remain high. The market is still shaped by strong fluctuations, and the developments of the next few days are likely to be decisive for the recovery of digitized assets.