Crypto Bloodbath Getting Worse with $423 Million Liquidated in Hours
02/27/2025 03:45
More than $423 million worth of crypto has been wiped out in mere hours
More than $423 million worth of crypto has been wiped out in mere hours
According to data provided by CoinGlass, more than $423 million worth of crypto has been liquidated over the past four hours alone.
Overall, $714 million worth of crypto has been wiped out in 24 hours.
More than 163,000 traders have been liquidated in a single day, which is more than the entire population of Kansas City or Springfield.
The largest liquidation took place on Bitfinex with $8.21 million.
Earlier today, the leading cryptocurrency plunged to yet another multi-month low of $82,455.