Crypto liquidations totaled $469 million, with 125,578 traders affected as Bitcoin, Ethereum, Solana, and Dogecoin entered the spotlight.
Within the last 24 hours, the crypto market has seen 125,578 traders liquidated, with the total liquidations valued at approximately $469 million.
According to the Coinglass liquidation heatmap, Bitcoin BTC $108 441 24h volatility: 0.2% Market cap: $2.16 T Vol. 24h: $23.03 B leads 24-hour liquidations, impacting short traders the most. The largest single liquidation, valued at $3.15 million, occurred on Hyperliquid.
Bitcoin Price Drops From $122,000 to $116,900
The crypto market liquidation has now hit $469 million, affecting short traders the most. Bitcoin liquidation was capped at $156.40 million, while that of Ethereum ETH $4 457 24h volatility: 2.1% Market cap: $538.04 B Vol. 24h: $19.74 B was pegged at $101.61 million.
Similarly, XRP XRP $2.81 24h volatility: 0.4% Market cap: $167.28 B Vol. 24h: $3.02 B , Dogecoin DOGE $0.22 24h volatility: 0.8% Market cap: $32.76 B Vol. 24h: $876.62 M , Cardano ADA $0.82 24h volatility: 0.5% Market cap: $29.94 B Vol. 24h: $934.60 M , and several other cryptocurrencies were caught in the massive liquidation.
It is worth noting that this outlook coincides with a significant fluctuation in the prices of digital assets. The Bitcoin price, which had reached an all-time high of over $122,000, is now trading at $116,689.35, down 3.99% in the last 24 hours.
Ethereum also took a sharp price hit, now trading at $2,971.42 after dropping 3%. The sudden reversal in the prices of these digital assets has prompted many investors to begin selling their holdings. A Bitcoin whale, which had lain dormant for a while, has suddenly reemerged.
This wallet, thought to have acquired BTC in the network’s early days, suddenly became active and transferred 9,000 BTC worth over 1 billion dollars to Galaxy Digital, a major digital asset manager. Blockchain analytics firm Spot On Chain flagged the move, identifying it as part of an over-the-counter deal.
Meanwhile, the wallet still holds around 11,000 BTC, worth roughly $1.3 billion. This large transfer likely pushed the coin’s price down to $116,900.
This liquidation is a sign of overheating in the general market and might see most altcoins face rebalancing in the long term.
SUBBD Presale Is Heating Up, Don’t Miss Your Chance to Join
Don’t miss out on the explosive SUBBD presale happening right now on their official website!
As the crypto market faces big liquidations, SUBBD is turning heads with its cutting-edge AI agent platform offering staking rewards up to 20%. This token is being hailed as a game-changer that will fuel the future of content creation.
Already, eager investors have poured over $800,000 into the presale and prices are set to rise sharply within the next 48 hours. Get in early and ride the wave before it’s too late!
Skip the FOMO and Dive Into SUBBD Today
This powerful protocol is backed by an ecosystem built to last, boasting a massive network of over 250 million users and direct access to the world’s top influencers.
Creators and fans get exclusive Web3 tools to connect like never before, unlocking unique content and fresh ways to engage.
Current Presale Stats:
Current Price: $0.055925
Amount Raised So Far: $803K
Ticker: SUBBD
Chasing high-yield returns? SUBBD has the strong fundamentals that could make it the next crypto to explode. VIP investors enjoy exclusive staking perks!
Ready to jump in? Join the presale now with credit or debit cards, or use your favorite cryptocurrencies.
next