Crypto traders lost over $1 billion in 24 hours

A mass wave of liquidations hit the market: $1.04 billion in positions wiped out in a day.

In the last hour — $577 million, of which almost all ($545 million) are longs.

The reason is the sharp drop of Bitcoin below $118,000 and the strengthening of bearish pressure.

$BTC

BTC
BTC
88,705.53
-0.82%

$XRP

XRP
XRP
1.8891
-1.60%

$DOGE

DOGE
DOGE
0.12225
-1.58%