Jun 18, 03:07 AM

Crypto Market Sees $481M in Liquidations Amidst Volatility, $420M from Bitcoin Longs

The cryptocurrency market has experienced significant volatility, leading to widespread liquidations. Over the past 24 hours, approximately $481 million in crypto assets were liquidated, with $367 million coming from long positions. Bitcoin, Dogecoin, and Ethereum were among the most affected, with Bitcoin long positions alone accounting for $420 million of the liquidations. Dogecoin saw $60 million in liquidations, its biggest hit since 2021. Solana memecoin $WIF also saw over $2 million in long positions liquidated. The majority of these liquidations occurred on major exchanges such as Binance, OKX, and HTX. Additionally, $3.5 million worth of Solana memecoin $WIF and $1.25 million worth of Ethereum memecoin $TRUMP were sold off.

#Bitcoin #Dogecoin #Ethereum #Solana #Binance #OKX #HTX

Written with ChatGPT (GPT-4o).

Sources

Bitcoin News@BitcoinNewsCom
2 years ago
NEW: Nearly 💵 $481M liquidated on exchanges in the last 24 hours, with $420M from #Bitcoin long positions. Most long liquidations happened on Binance, OKX and HTX. https://t.co/0X9o4zQQgT
LuminousLogic@ikoyahGan
2 years ago
DOGE futures liquidations hit $60M, more than Bitcoin, as prices fell over 10%. The market's unpredictable nature strikes again. https://t.co/KGj394A41K
SolanaFloor@SolanaFloor
2 years ago
🚨JUST IN: Crypto markets experienced $428M of liquidations in the last 24 hours. Longs liquidated: $367M https://t.co/uJK0Mp4aGd

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