$619M Crypto Liquidations Trigger Panic — Find Out Which Coins Took the Biggest Hit

• Bitcoin tumbled to $80,000 amid massive liquidations in the crypto market.
• Cryptocurrencies experienced a massive $619M in liquidations.
• BTC, ETH, XRP, SOL, DOGE, and ADA experienced the highest liquidations.

Bitcoin’s price crashed to $80,000 on Sunday, leading to massive liquidations across the cryptocurrency market.

New data from Coinglass, a cryptocurrency data analytics platform, now shows that the crypto market experienced liquidations totaling $619 million within just 24 hours. These widespread liquidations affected both long and short positions across almost all top cryptocurrencies.

222,650 Traders Liquidated in 24 Hours; Binance Sees Largest Single Liquidation

A closer look provided by the data analytics platform reveals that crypto market behavior over the last 24 hours resulted in the liquidation of 222,650 traders. Notably, the largest single liquidation occurred on the Binance cryptocurrency exchange. 

This involved a BTCUSDT trade valued at $32.09 million. However, Binance actually ranked second among crypto exchanges with the highest liquidations overall.

Bybit Leads Exchanges in Liquidations, Followed by Binance, Gate.io, OKX, H…

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