Crypto liquidations drop 76% as Bitcoin $BTC stabilizes above

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Crypto liquidations plummeted by 76% in the second half of March as Bitcoin BTCBTC consolidated around $87,000 after earlier volatility. From March 12 to March 25, Bitcoin's price moved within a narrower range, starting at $82,857 and closing at $87,330.

Earlier in March, Bitcoin BTCBTC saw sharp price movements, dropping below $79,000 before rebounding, coinciding with a spike in long liquidations. The recent decline in liquidations signals more stable market participation and reduced leverage risk.

Between March 12 and March 25, long liquidations totaled $1.26 billion, while short liquidations reached $1.14 billion, down from 7$7.2 billion in long and $2.8 billion in short liquidations from February 24 to March 12.

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