Source: BeInCrypto ↗
Crypto Liquidations Near $1 Billion as Longs Take the Majority of Losses
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What the source reports
Crypto traders saw $942.1 million in leveraged positions liquidated over the past 24 hours, according to Coinglass data. Long positions accounted for $863.3 million, or 91.6% of the total. The wipeout arrived as the broader market fell. Total crypto market capitalization dropped 4.96% in 24 hours to $2.76 trillion, per BeInCrypto Markets data. Ethereum Longs The post Crypto Liquidations Near $1 B...
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Market figures are live reference data, not evidence that this report caused a price movement. Not financial advice.
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Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin.