According to data provided by cryptocurrency analytics CoinGlass, $495 million worth of crypto has been liquidated over the past 24 hours. 

Long positions account for the vast majority of these liquidations ($382.7 million).

Overall, 197,083 traders were liquidated over the past 24 hours, with the largest liquidation taking place on Binance ($13.24 million). 

HOT Stories Crypto Market Hit by $500 Million Liquidation Tsunami as XRP Plunges 10% 10 Reasons Why Stellar (XLM) Is Most Underrated Crypto by XRP and Ripple Co-Creator Elon Musk Reacts to Jim Cramer 'Causing' Bitcoin (BTC) Price Reversal XRP Secures Golden Cross Against Bitcoin, What's Next?

Binance, OKX, and HTX are in the lead when it comes to liquidated crypto.  

The latest string of liquidations amid a significant market correction. 

Related
Tue, 10/08/2024 - 13:16 SEC Sued by Crypto Giant
Alex Dovbnya

XRP plunged by more than 10% earlier this Sunday before paring some losses. It is still up by nearly 30% over the past week. 

Bitcoin, the leading cryptocurrency by market cap, also plunged to the $95,000 level after failing to touch $100,000 on Friday.

As reported by U.Today, Galaxy Digital CEO Mike Novogratz recently warned that corrections were "inevitable." However, he is convinced that Bitcoin will eventually reclaim $100,000.  

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。