🚀 #Bitcoin slightly decreased after failing to surpass the $100,000 mark on 11/24, leading to the largest liquidation event in over six months!

- Over $470 million in crypto positions were liquidated in the past 24 hours. Altcoins accounted for the majority with $352.6 million long and $119.9 million short.

- BTC & ETH accounted for $108.9 million in liquidations, followed by DOGE, XRP, and XLM with $33.1 million, $27.6 million, and $21.6 million respectively.

- Solana, Sandbox, Polkadot, and Cardano were also significantly affected.

- Many altcoins from the 2020-2021 cycle unexpectedly surged, with XLM increasing by up to 50%!

- DOGE reached its highest peak since May 2021, according to CoinGecko.

- Expert Miles Deutscher believes many traders are reopening crypto wallets and investing in familiar tokens.

💬 What do you think about this trend? Share your thoughts!