Crypto liquidations fall 76% over last 2 weeks as Bitcoin consolidates above $80k
Crypto liquidations declined by around 76% in the second half of March as Bitcoin’s price action consolidates near the $87,000 mark following heightened volatility earlier in the month.
According to Coinglass, between March 12 and March 25, long liquidations totaled $1.26 billion, while short liquidations came in at $1.14 billion.
This compares to $7.2 billion in long and $2.8 billion in short liquidations between February 24 and March 12. The reduction in forced position closures aligns with lower intraday price swings across major exchanges during the latter period.
Bitcoin’s price opened at $82,857 on March 12 and closed at $87,330 by March 25, trading within a narrower band compared to the previous two weeks.
The end of February into the first half of March saw sharp directional moves, with Bitcoin falling below $79,000 on March 10 before rebounding, coinciding with the peak in long-side liquidations.
As open interest remained elevated across futures markets, the liquidation decline points to more measured market participation and reduced leverage risk among traders.
While directional bias in liquidations was more balanced and even began to increase slightly during the second half of March, positioning remained active across derivatives platforms.
Reduced leverage has a stabilizing effect on volatility as price swings become less pronounced without leverage amplifying moves.
The post Crypto liquidations fall 76% over last 2 weeks as Bitcoin consolidates above $80k appeared first on CryptoSlate.
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