Market Downturn In addition to Bitcoin, Ethereum also suffered a notable decline, dropping nearly 20% from $2,695 to a low of $2,171.
This market volatility led to the liquidation of over $1.07 billion in leveraged positions, with Bitcoin and Ethereum long positions being the most affected.
In the past 24 hours , 276,191 traders were liquidated , the total liquidations comes in at $1.05 billion. The largest single liquidation order happened on Huobi - BTC-USD value $27.00M
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