Bitcoin’s fall provoked liquidation of $ 715 million in cryptocurrency in just one day

On the night of October 17, 2025, the bitcoin rate BTC $106,789.00 Mezo Wrapped BTC 0.27% Market capitalization $36.24 million VOL. 24 hours $1.45 billion dropped to $ 107,500, after which it partially recovered above $ 108,000. The fall in the price of the main cryptocurrency triggered a large-scale wave of liquidations in the futures market, the total volume of which exceeded $ 715 million per day.

According to CoinGlass, almost 206,000 traders have closed their positions in the last 24 hours. Investors who held long positions suffered the largest losses: they lost more than $ 530 million. Traders with short positions lost about $ 187 million. The main liquidations occurred in trading with Bitcoin and Ethereum ETH $3,863.52 Bridged Ether (StarkGate) 2.09% Market capitalization $93.87 million VOL. 24 hours $1.2 billion - $ 235 million and $ 160 million, respectively.

The market recorded a sharp decline in the Fear and Greed Index, which fell to 22 points, which corresponds to the «extreme fear» zone. Over the past day, the index fell by six points, and over the past month — by 31. This indicates a significant increase in caution among market participants.

Despite the short-term recovery, bitcoin remains under pressure from macroeconomic factors and a general decline in investor interest in risky assets. As of the time of publication, the asset is trying to stay above $ 108,000, but the market remains volatile.

Earlier, CryptoQuant analysts reported that bitcoin has entered the late stage of the bull cycle, when a significant number of participants are taking profits and the risks of short-term corrections are increasing.