Crypto liquidations hit $1.19 billion in 24 hours, with ETH’s liquidation rate about six times BTC’s

Crypto markets saw $1.19 billion in liquidations over the past 24 hours, with more than $1 billion coming from bullish positions, according to the source cited by Odaily. Ether accounted for about $356 million in liquidations, above Bitcoin’s roughly $298 million. On a market-cap-adjusted basis, ETH’s liquidation rate was about six times that of BTC. CoinDesk said leveraged markets were under pressure from interest-rate concerns, geopolitical tensions, and warnings related to AI. Bitcoin later rebounded to around $82,200 after Donald Trump ruled out the possibility of striking Iran before the midterm elections. In the four hours that followed, about $25 million in liquidations were recorded, most of them from bearish positions. The figures point to sharp stress in leveraged trading over a short period, with Ether seeing heavier relative liquidation pressure than Bitcoin.