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Crypto Market Crash: $689M Liquidated as Bitcoin and Ethereum Plunge

Published by
Mustafa Mulla

The cryptocurrency market experienced significant volatility over the past 24 hours, with $689 million in liquidations, with 233,145 traders liquidated. However, The largest single liquidation order happened on Binance ETH/USDT value $17.74M. Bitcoin’s price dropped by 7%, contributing to $131 million in liquidations. Despite its dominant position, Bitcoin’s pullback was relatively modest compared to ETH, which saw a 10% drop and $139 million in liquidations—making it the hardest-hit asset in the past 24 hours.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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