More than 400,000 traders were liquidated over the past 24 hours as Bitcoin plunged back below $100,000.
Crypto market liquidations over the last 24 hours have reached over $1 billion as Bitcoin briefly fell back below $100,000 after reaching near its all-time high.
CoinGlass shows that in the past day, $1.18 billion has been liquidated from nearly 406,000 traders, split between around $921 million in long liquidations and $260 million in short liquidations.
Ether (ETH) liquidations led the market, with over $207.5 million worth of long liquidations over the last day, followed by over $202 million Bitcoin (BTC) longs.
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