Crypto traders lost over $1 billion in 24 hours

A mass wave of liquidations hit the market: $1.04 billion in positions wiped out in a day.

In the last hour — $577 million, of which almost all ($545 million) are longs.

The reason is the sharp drop of Bitcoin below $118,000 and the strengthening of bearish pressure.

$BTC

BTC
BTC
70,770.39
-0.25%

$XRP

XRP
XRP
1.4026
-0.92%

$DOGE

DOGE
DOGE
0.09427
-1.37%