🪙 The drop of BTC below $100,000 led to liquidations of over $400 million
📉 The collapse of Bitcoin by $5,000 in less than an hour resulted in the liquidation of more than 130,000 trader positions.
The decline of Bitcoin quickly spread to altcoins, causing Ethereum to compete with Bitcoin in the volume of liquidated positions.
✅ DOGE ($16 million) ranked third in liquidations, followed by Solana ($10.7 million) and XRP ($7.8 million).
✅ The largest liquidation was recorded on Binance – ETH/USDT at $11.94 million.