CRYPTO MARKET MOVEMENTS: BITCOINS Plunge, ALTCOINS BLEED
The crypto market has seen significant volatility in the past 24 hours, with Bitcoin and altcoins experiencing large liquidations.
Liquidations Mainly By Token
Other: $99.83M
ETH (Ethereum): $91.54M
BTC (Bitcoin): $72.30M
DOGE (Dogecoin): $60.26M
SHIB (Shiba Inu): $22.91M
SOL (Solana): $19.22M
Liquidation Highlights
Over the past 24 hours, a total of 190,458 traders were liquidated, with a total liquidation amount of $477.35M.
The largest liquidation occurred on Binance, involving the ETH/USDC pair with a value of $6.44 million.
Bitcoin’s Decline and Market Impact
Bitcoin dropped to $65K, affecting the broader crypto market. The heat map shows the intense liquidation pressure that impacted the market, especially leveraged positions.
This market situation not only affected Bitcoin but also caused significant damage to major altcoins, with many tokens experiencing liquidations ranging from $19M to $100M.
Be careful, guys!
