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🚫Cryptocurrency Liquidations Surpass $520 Million in Past Day Amid Growing Market Volatility
Over the past 24 hours, the cryptocurrency market has seen over $525 million in liquidations as Bitcoin and Ether prices face increased volatility.
Over the past 24 hours, crypto traders have liquidated over half a billion dollars as Bitcoin and Ether face increased market volatility.
In the past 24 hours, nearly 186,000 traders have liquidated, with total liquidations across centralized exchanges reaching $524.8 million.
Over the past 24 hours, nearly 186,000 traders have been liquidated, with a total of $524.8 million in liquidations across centralized exchanges. Data from Coinglass. Data shows that Bitcoin led the liquidation, with over $142.5 million in positions liquidated in the past 24 hours, of which around $101 million were long positions. Ethereum also experienced significant liquidations, with $89.9 million liquidated, of which $49.2 million were long positions. Liquidations occur when a trader’s positions in a particular market are forcibly closed due to large losses or insufficient margin to meet maintenance requirements. Bitcoin is down 2.26% over the past 24 hours to trade at $94,314.