Crypto Market Sees $573 Million in Liquidations Amid Bitcoin Surge
- 156,601 traders experienced liquidations as the crypto market moved unexpectedly.
- Total liquidation figures reached $573.19 million within 24 hours.
- The largest single liquidation was $4.47 million on the OKX exchange in a BTC-USDT-Swap contract.
- Bitcoin led with $225.06 million in liquidations, mainly from short sellers at $137 million.
- Ethereum and XRP saw liquidations of $161.71 million and $26.75 million, respectively.
The recent surge in Bitcoin’s price to over $82,942.43 resulted in significant market liquidations totaling $573.19 million, affecting over 156,000 traders globally.
Source (2.6)https://coingape.com/crypto-liquidations-hit-573-million-as-btc-eth-and-xrp-sees-rebound/?rand=24432
