⚡️The sharp crypto sell-off causes almost $1.5B in liquidated positions

The #crypto market has witnessed its largest three-day sell-off in the past year amid weak jobs data in the US and revived fears of a recession. Liquidations volume on CEXes exceeded $1.06B, while defi liquidations hit a yearly high above $350M. Bitcoin $BTC #BTC plunged below $50,000, to its lowest level since February, while ether $ETH #ETH traded down below $2,200, as investors reacted to macroeconomic updates, @Jump_ Crypto’s asset movements, and US elections update.

👉