Crypto: more than a billion dollars liquidated after the Israeli strikes on Iran

In a few hours, cryptos won the weight of a major geopolitical event. Following Israeli strikes in Iran, more than a billion dollars in positions were liquidated, and won with them recent market gains. It is not a simple episode of volatility, but the tangible sign that these assets, however from a promise of sovereignty, remain exposed to the shocks of the real world.

A black Friday for the Crypto market

On the night of Thursday, 12 to Friday, June 13, 2025, the Israeli army launched a series of targeted strikes against Iran, notably targeting nuclear and military installations. This offensive had an immediate effect on the financial markets, while the Crypto market had already experienced massive liquidations on April 6.

In the wake of Israeli strikes on Iran, the Crypto market experienced a large -scale shock. Less than 24 hours after the announcement of bombings, the liquidations accumulated on the market exceeded $ 1.16 billion, according to Coinglass data.

This financial hemorrhage intervened while investors expected an upward consolidation phase. Instead, a wave of forced sales swept the market, first touching the most exposed Altcoins, which were increasingly attracted to crypto investors.

Ethereum, particularly vulnerable, recorded a drop of 7.8 %, and dropped to $ 2,533, while Solana collapsed by 8.4 %, reaching $ 145. Even cryptos deemed more stable as the XRP were not spared, losing 3.9 % to 2.13 dollars.

The details of the liquidations reflect the violence of the movement:

• In terms of Bitcoin: $ 449.95 million in liquidations, mainly on long positions;
• On Ethereum: $ 301.92 million liquidated, also on long;
• $ 53.46 million erased on Solana;
• Almost all liquidations concern long positions, which indicates a clear surprise of the market;
• The stablecoins remained the only stable active in The top 15 of the Coingecko rankingwhich reveals a rush to security.

This sequence illustrates how particularly reactive crypto market can be sensitive to exogenous shocks. Trading algorithms, cascading orders and leverage have amplified the initial fall to make it a real intra-journal maker.

A high intensity geopolitical shock: targeted strikes, crossed threats and nuclear tensions

The Israeli army led a major operation on the night of Thursday to Friday, targeting several Iranian strategic installations. Thus, the Israeli government claims to have struck nuclear sites, ballistic missile factories as well as key military positions.

The Iranian answer was not long in coming. President Masoud Pezeshkian denounced a ” assault “ And said on the X platform (ex-Twitter): “The Zionist regime will regret its action today”.

He also announced the holding of a special emergency meeting to organize the response. For its part, Israel has declared the state of emergency, preparing for possible reprisals in the form of missiles or attacks by drones.

This military escalation had an immediate impact on global political and economic forecasts. On the predictive platform Myriad, the probabilities of seeing A nuclear agreement between Iran and the United States succeeded in 4.7 % fellagainst much higher levels a few days before.

At the same time, Myriad analysts have adjusted their forecasts : The probability that more long positions on Bitcoin are liquidated in the coming days now exceeds 55.8 %, against around 50 % before strikes. The climate of uncertainty and the evolution of the conflict therefore directly influence market expectations.

Beyond the immediate shock, can the crypto market still be considered disconnected from geopolitical tensions? Recent events show that the volatility of the crypto universe does not only result from technical or economic factors. It is also a reflection of an unstable world, where nuclear diplomacy, regional conflicts and military decisions weigh directly on the psychology of investors.