{"id":40873,"date":"2026-02-05T15:56:12","date_gmt":"2026-02-05T15:56:12","guid":{"rendered":"https:\/\/financialrush.com\/?p=40873"},"modified":"2026-02-05T15:56:12","modified_gmt":"2026-02-05T15:56:12","slug":"liquidations-top-1-3-billion-as-btc-plummets-below-67k-eth-loses-2k-support","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=40873","title":{"rendered":"Liquidations Top $1.3 Billion as BTC Plummets Below $67K, ETH Loses $2K Support"},"content":{"rendered":"<p> \n<\/p>\n<p>Bitcoin can&#8217;t catch a break in the past several days, marking consecutive multi-month lows, with the latest coming minutes ago at well under $67,000.<\/p>\n<p>The last time the cryptocurrency traded at such low levels was in early November, just as the US presidential elections took place and the country elected the so-called &#8216;crypto president,&#8217; Donald Trump.<\/p>\n<p>The past few weeks have been <a href=\"https:\/\/cryptopotato.com\/current-bear-market-performance-worse-than-2022-analysts\/\">brutal<\/a> for BTC. It challenged $90,000 just eight days ago, last Wednesday, but the rejection at that level brought unimaginable pain for the market leader and most of the altcoin followers.<\/p>\n<p>Bitcoin first dumped to $81,000 last Thursday, then continued south to under $75,000 during the weekend, but the bears kept the pressure on. The past several hours <a href=\"https:\/\/cryptopotato.com\/ripples-xrp-dumps-by-13-daily-bitcoin-btc-slipped-below-70k-market-watch\/\">have been violent<\/a> as well, with BTC plunging to $66,900 (as of press time). This means that the asset has lost well over $20,000 in just over a week.<\/p>\n<figure id=\"attachment_1428009\" aria-describedby=\"caption-attachment-1428009\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/02\/BTCUSD-Feb-5-2.png\"><\/a><figcaption id=\"caption-attachment-1428009\" class=\"wp-caption-text\">BTCUSD Feb 5. Source TradingView<\/figcaption><\/figure>\n<p>The altcoins have not been spared. ETH continues with its massive decline, with another 9% daily decline to under $2,000 &#8211; its lowest level since last April. BNB has plunged by 10% to $660, while XRP is <a href=\"https:\/\/cryptopotato.com\/why-is-ripples-xrp-price-down-by-double-digits-today-and-is-1-next\/\">down<\/a> by a whopping 15% in the past 24 hours alone to $1.32.<\/p>\n<p>Further losses are evident from the likes of ZEC (-19%), MORPHO (-14%), NEXO (-14%), XMR (-12%), LEO (-12%), SUI (-11%), and many others. As such, it&#8217;s no wonder that over-leveraged traders have been harmed severely.<\/p>\n<p>Data from CoinGlass shows that the 24-hour liquidations have rocketed to over $1.3 billion. In the past hour alone, the wrecked positions are up to $350 million. The number of wiped out traders is close to 300,000 daily, with the single-largest position taking place on Aster, which was worth over $11 million.<\/p>\n<figure id=\"attachment_1428005\" aria-describedby=\"caption-attachment-1428005\" style=\"width: 1362px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-05-172619.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1428005 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/02\/Screenshot-2026-02-05-172619.png\" alt=\"Daily Liquidations Data on CoinGlass\" width=\"1362\" height=\"451\" \/><\/a><figcaption id=\"caption-attachment-1428005\" class=\"wp-caption-text\">Daily Liquidations Data on CoinGlass: February 5<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/liquidations-top-1-3-billion-as-btc-plummets-below-67k-eth-loses-2k-support\/\">Liquidations Top $1.3 Billion as BTC Plummets Below $67K, ETH Loses $2K Support<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/liquidations-top-1-3-billion-as-btc-plummets-below-67k-eth-loses-2k-support\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Bitcoin can&#8217;t catch a break in the past several days, marking consecutive multi-month lows, with the latest coming&hellip;\n","protected":false},"author":2,"featured_media":40874,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-40873","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/40873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40873"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/40873\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/40874"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}