In a significant market downturn, cryptocurrency liquidations have soared over the past 24 hours, with total liquidations exceeding $499 million. This includes $440.85 million in long positions and $58.59 million in short positions. The sharp increase in liquidations coincided with a notable drop in Bitcoin's value, which fell nearly 12% to just under $57,000, while Ethereum dipped to around $2,800.
🚨 Over $350M has been liquidated over the past 24 hours https://t.co/wm49omglD7
JUST IN: Over $380m leveraged Bitcoin and crypto positions wiped out in just 24 hours https://t.co/sr1ATXH5Us
JUST IN: 🩸More than $160m in leveraged Bitcoin positions wiped out in the last 24 hours https://t.co/tCg9ZR23QU
JUST IN: $450 million liquidated from the #Bitcoin market in the past 24 hours 👀 https://t.co/TkQhbnaFNY
⚡️ About $464M of Positions Liquidated As #Bitcoin Dips Below $58K Over the past 24 hours, #BTC has fell by nearly 12%, followed by other cryptocurrencies. The lowest $BTC price was just under $57K, while $ETH reached $2.8K at some point. Amid the decline, nearly $464M of… https://t.co/Zza6flhLuE
Bitcoin long liquidations spike above $145 million as market heads south https://t.co/O60grDXA5l
🚨 BREAKING 🚨 $499,440,000 WORTH OF LEVERAGED POSITIONS HAVE BEEN LIQUIDATED IN THE PAST 24 HOURS TOTAL LONG LIQUIDATIONS: $440.85 MILLION TOTAL SHORT LIQUIDATIONS: $58.59 MILLION https://t.co/SO9OOyHMNM
$431m has been #liquidated from the market in the past 24 hours https://t.co/wqBZPP7UFn
Over the past 24 hours, long positions worth ~$314 million were liquidated. https://t.co/uBQ0VD9qtJ https://t.co/BUXuLm12ri
NEW: CRYPTO LIQUIDATIONS IN THE PAST 24 HOURS SURPASS $300M https://t.co/nUrbdoDI7V