The Great Liquidation Shock: $144 million wiped in futures today!
In just a few hours today (December 8, 2025), 144M$ was liquidated in crypto futures – 85% of it long positions!
- #Bitcoin: 92M$ wiped (BTC below 90K$ now)
- #Ethereum: 35M$ (ETH -7% to ~$2,800)
- Largest trade: 17.8M$ on Hyperliquid (ETH)
The reason?
- Outflows from ETFs (200M$ last week)
- Concerns over interest rate cut delay tomorrow (FOMC December 9-10)
- High leverage up to 200x + BTC drop
The market loses 50B$ in total value, and daily liquidations reached 421M$ in 24 hours (126K affected traders)!
Levels
- BTC support: 88K$ → 86K$ (if broken, target 74K$)
- Reversal signal? Liquidations often precede a strong bounce!
