Crypto Market Declines as RWA Tokens Slide 4.85% in 24 Hours

The latest market data shows $144 million in 24-hour crypto liquidations, with Bitcoin and Ethereum leading losses as long positions accounted for most forced closures.

BTC
ETH

Summary

The crypto market’s recent downturn was accompanied by $144 million in liquidations over the past 24 hours. Long positions made up $96.33 million of the total, compared with $47.58 million in short liquidations, indicating that bullish traders absorbed most of the forced losses. Bitcoin recorded $45.3 million in liquidations and Ethereum accounted for $27.47 million, adding to a broader market pullback previously marked by weakness in the RWA sector, while AI and meme coin sectors had shown relative strength.

Terms & Concepts
  • Liquidations: Forced closures of leveraged trading positions that occur when losses trigger margin requirements or exchange risk controls.
  • RWA sector: Real-world asset tokens represent blockchain-based versions of traditional assets or claims linked to off-chain assets.
  • Meme coins: Cryptocurrencies driven largely by internet culture, community attention, and speculative trading activity.