A wave of liquidations hit crypto as US stocks tumbled, with a whale on Hyperliquid forcibly liquidated eight times on 201 BTC worth $15.6m. CoinGlass put 24-hour liquidations at $1.08bn across 209,826 investors, with longs at $956m, about 88% of the total.
Bitcoin sell-off triggers $1.08bn in crypto liquidations, CoinGlass says
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The story so far: Crypto futures liquidations
CoinGlass data has tracked successive waves of crypto futures liquidations, from $379m over 24 hours in late October to $1.67bn and $1.08bn in later sell-offs. The latest 24-hour total is $81.2m, including $54.2m in longs and $27m in shorts, with bitcoin at $9.49m and ether at $10.2m.
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Bitcoin sell-off triggers $1.08bn in crypto liquidations, CoinGlass says
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