$19 Billion in Bitcoin and Crypto Liquidated in 24 Hours on October 10

HKAN | Oct 10

$19 Billion in Bitcoin and Crypto Liquidated in 24 Hours — Massive Market Shake-Up on October 10

According to multiple market reports, over $19 billion worth of Bitcoin and other cryptocurrencies were liquidated within 24 hours on October 10, marking one of the largest single-day liquidation events of 2025.

The mass liquidation came amid sharp price swings across major digital assets, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), as leveraged traders faced forced sell-offs on major exchanges such as Binance, Bybit, and OKX.

Analysts suggest the event was triggered by high volatility, macroeconomic uncertainty, and profit-taking from recent gains, particularly following Bitcoin’s strong rally earlier this month.

Despite the turbulence, experts believe the market correction could help stabilize prices and flush out excessive leverage, setting the stage for a healthier trading environment ahead.

As of press time, Bitcoin remains the most impacted asset, accounting for nearly 45% of total liquidations, followed by Ethereum and Solana.