Crypto market capitalization down by 8%

Bitcoin accounts for about $192 million worth of total market liquidations. Three on-chain derivatives exchanges triggered more than $52 million in liquidation. Around $24 million in collateral liquidations are expected if Ethereum falls to $3,008. Bitcoin and Ethereum price correction on Tuesday pushed the entire crypto market capitalization down by 8%, triggering $538 million in liquidated long positions.

Total liquidations reached a combined $652.8 million of long and short orders from over 240,000 traders, according to data from Coinglass. Bitcoin , Ether , and Solana lead the 24-hour liquidation heatmap with over $192.15 million, $127.46 million, and $36.7 million, respectively. The largest CEX liquidation occurred in an OKX-BTC-USDT-SWAP worth $12.25 million.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD) Touches $3,275 as Buyers Dominate the MarketThe cryptocurrency market cap is currently just over $2.13 trillion, up nearly 7% yesterday, as the market turned a sea of green on heavy buying
Source: DailyFX - 🏆 305. / 63 Read more »

Crypto Markets Add $100 Billion Daily as Bitcoin (BTC) Heads Toward $72K (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »