The price of Bitcoin and Ethereum today is at $21,222 and $1,450, respectively, and both cryptocurrencies have thus fallen below the key psychological marks of $22.8k and $1500.
According to data from Coinglass, almost 80,000 traders have been liquidated in the last 24 hours, with total liquidations of almost $250 million. Among the top cryptocurrencies, Ethereum recorded the highest liquidations of over $ 109 million. Bitcoin follows Ethereum with over $56 million in liquidations.
Ethereum Classic (ETC), Solana (SOL), Polygon (MATIC), Ripple’s XRP, Avalanche (AVAX), Cardano (ADA), ApeCoin (APE), Optimism (OP), Stepn (GMT) and Dogecoin (DOGE) are among the top cryptocurrencies liquidated in the last 24 hours.
At the time of the article, $46.69 million in long positions and $ 9.80 million in short positions in Bitcoin (BTC) were liquidated via crypto exchanges. On Ethereum, long positions worth $91.69 million and short positions worth $18.36 million have been liquidated in the last 24 hours. Okex, Binance and FTX recorded the most liquidations.