kenso on Nostr: 📉 Crypto Futures Record $1B in Liquidations 🚨 In the past 24 hours, the crypto ...
📉 Crypto Futures Record $1B in Liquidations
🚨 In the past 24 hours, the crypto market has seen over $1 billion in liquidations, with Bitcoin futures losses leading at $420 million and Ethereum futures losses at $340 million. This downturn has resulted in the largest single liquidation order of $27 million on Huobi. The sell-off was driven by geopolitical tensions and market maker liquidations.
🚨 In the past 24 hours, the crypto market has seen over $1 billion in liquidations, with Bitcoin futures losses leading at $420 million and Ethereum futures losses at $340 million. This downturn has resulted in the largest single liquidation order of $27 million on Huobi. The sell-off was driven by geopolitical tensions and market maker liquidations.