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

69,354.76

-1.05%

$XRP

XRP

1.4192

-3.00%

$DOGE

DOGE

0.0971

-1.53%