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

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.