According to Coinglass, over $230 million in crypto positions were liquidated in the last 24 hours, affecting 102,073 traders. The largest liquidation took place on OKX, valued at $5.26 million.
Bitcoin leads the liquidation figures with $51.25 million, followed by Ethereum with $30.44 million. Dogecoin and Solana saw liquidations of $13.94 million and $11.25 million, respectively. Binance recorded the highest exchange liquidations at $104.13 million, with OKX and Bybit at $66.12 million and $43.37 million.
Over the past day, liquidity was split between $144.53 million in long positions and $86.06 million in short positions.
According to CryptoSlate data, crypto market cap stands at $2.25 trillion. Bitcoin dominance is 60.4%, trading at $68,886, 6% below its all-time high of $73,686.93. The asset saw an increase of 0.6% in the last 24 hours, with a trading volume of $34.98 billion.
Liam “Akiba” Wright
Also known as “Akiba,” Liam Wright is a journalist, podcast producer, and editor at CryptoSlate. He believes that decentralized technology has the potential to bring positive change on a large scale.
