CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-06-13 15:30:00

CEX Liquidations Surged to $1.16B in 24 Hours: Are Crypto Markets in Danger?

CEX liquidations reached $1.16B in 24 hours, driven by Israel’s military strike on Iran. Binance and Bybit together accounted for over 71% of total liquidations in the crypto market. Bitcoin led liquidations with $448M, followed by Ethereum and other cryptocurrencies. Analytical platform CryptoDiffer reported that $1.16 billion worth of liquidations occurred on centralized exchanges (CEXs) over the past 24 hours. Geopolitical tensions, particularly Israel’s military strike on Iran, are widely seen as the main driver behind this sharp surge. The attack caused a stir in the world markets, leading to a sharp drop in Bitcoin’s value and widespread liquidations across major cryptocurrency exchanges. Binance and Bybit Drive 71% of Crypto Liquidations Binance made the largest contribution to the liquidations. Liquidations on the exchange totaled $458 million and constituted 39.48% of the total. Bybit followed close behind, having $376 million, or 32.41% of the total. Together, they accounted for over 71% of all liquidations, demonstrating their massive influence on the cryptocurrency market. Source: X Other exchanges also saw substantial liquidations. … The post CEX Liquidations Surged to $1.16B in 24 Hours: Are Crypto Markets in Danger? appeared first on Coin Edition .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.