#$1.5BInLeveragedCryptoBetsLiquidated
$1.5 Billion Crypto Liquidation Shock: Bitcoin and Ethereum Under Pressure
The cryptocurrency market witnessed approximately $1.53 billion in leveraged position liquidations within 24 hours, according to CoinGlass data reported by CoinDesk.
Around 83.8% of the liquidated positions were bullish bets, showing how aggressively falling prices caught optimistic traders off guard.
Bitcoin briefly dropped to approximately $76,460, while Ethereum slipped below $2,200 before recovering.
The massive liquidations intensified selling pressure, although a subsequent rebound began forcing traders betting on further declines to close their positions.
Investors are now watching whether Bitcoin and Ethereum can sustain their recovery or face another wave of market volatility.
$ETH
$BTC
$SOL
$1.5 Billion Crypto Liquidation Shock: Bitcoin and Ethereum Under Pressure
The cryptocurrency market witnessed approximately $1.53 billion in leveraged position liquidations within 24 hours, according to CoinGlass data reported by CoinDesk.
Around 83.8% of the liquidated positions were bullish bets, showing how aggressively falling prices caught optimistic traders off guard.
Bitcoin briefly dropped to approximately $76,460, while Ethereum slipped below $2,200 before recovering.
The massive liquidations intensified selling pressure, although a subsequent rebound began forcing traders betting on further declines to close their positions.
Investors are now watching whether Bitcoin and Ethereum can sustain their recovery or face another wave of market volatility.
$ETH
$BTC
$SOL
