Crypto Liquidations Near $1 Billion in 24 Hours as Leverage Unwinds - "The Defiant"

Crypto liquidations reached $934.24 million in a 24-hour period, wiping out approximately 167,400 leveraged trading accounts. Bitcoin liquidations accounted for $363 million of the total, while Ethereum saw $240 million in closed positions. The largest single liquidation—a $15.34 million Bitcoin long position—closed on decentralized exchange Hyperliquid.

Raccontata dathedefiant.io