coinpedia 2024-11-01 07:41:31

Crypto Liquidation Hits $277M: Bitcoin and Ethereum Lead the Losses

The post Crypto Liquidation Hits $277M: Bitcoin and Ethereum Lead the Losses appeared first on Coinpedia Fintech News Today’s Crypto Market crash lead to $277,480,000 liquidation. Liquidation refers to the forced closing of positions. Long liquidations happen when BTC prices fall sharply, forcing traders betting on a price increase to sell. The Bitcoin market has seen the highest liquidation of $88.40M in the last 24 hours, with long liquidations totaling $79.05M, and short …

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