š A $5,000 Bitcoin crash in less than an hour led to the liquidation of over 130,000 trader positions.
The decline in Bitcoin$BTC
quickly spread to altcoins, with Ethereum competing with Bitcoin in terms of liquidated positions.
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Dogecoin$DOGE
ranked third in liquidations at $16 million, followed by Solana ($10.7 million) and $XRP
($7.8 million).
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The largest liquidation was recorded on Binance with an #ETH/USDT position worth $11.94 million.