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Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours

Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours

Cryptobriefing2025/02/25 16:33
By:Cryptobriefing

Key Takeaways

  • Over $1.6 billion in crypto was liquidated as Bitcoin fell below $86,000.
  • The Bitcoin ETF selloff of $500 million fueled widespread market liquidations.

Bitcoin’s drop to $86,000 led to the liquidation of $1.6 billion in trading positions over the past 24 hours, according to Coinglass data .

The drop is attributed to President Donald Trump’s renewed tariff threats against Mexico and Canada and a significant selloff of Bitcoin ETFs.

Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours image 0 Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours image 1

A $500 million Bitcoin ETF selloff intensified the market downturn, leading to widespread liquidations across major digital assets. The price decline marks Bitcoin’s first drop below $86,000 since November.

The liquidation event affected between 286,534 and 367,789 traders, with long positions bearing the majority of losses ranging from $144 million to $1.4 billion.

Bitcoin, Ethereum, and XRP were among the most impacted digital assets.

Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours image 2 Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours image 3

This event follows a larger liquidation on February 3, 2025, when over $2.2 billion in leveraged positions were wiped out, affecting approximately 729,073 traders.

During that event, Ethereum traders experienced over $600 million in losses, while Bitcoin traders faced $409 million in liquidations.

Trump’s latest statements on trade policy, which revived discussions from his February 3 announcement, have heightened concerns about economic disruptions.

The combination of trade policy uncertainty and institutional investor outflows has contributed to increased volatility across crypto markets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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