More than $1.41 billion in cryptocurrencies were liquidated in the past 24 hours

This is the largest multi-party liquidation event since 2021.

Nearly 500,000 people were liquidated. Bitcoin fully recovered its losses after a sharp short-term plunge

According to Jinshi Data on December 10, Bitcoin fluctuated rapidly around 5:00 a.m. today, falling from $96,400 to about $94,700, and then quickly rebounded to $96,400, a process that lasted about 10 minutes. Jinshi Chart shows that the total cryptocurrency liquidation amount on the entire network has expanded to $857 million in the past hour, and more than 497,000 people have been liquidated in the past 24 hours. $BTC