Global crypto exchanges liquidate 148,000 traders’ positions worth $1.07 bln in one day

Coinglass data shows that the majority of liquidations occurred in Bitcoin

Global cryptocurrency exchanges saw a significant liquidation event, with 148,000 traders having their positions closed. The total value of these liquidated positions reached $1.07 billion. Data indicates that Bitcoin accounted for the majority of these liquidations.

  • 148,000 traders had their positions liquidated on crypto exchanges.
  • The total value of liquidated positions amounted to $1.07 billion.
  • Bitcoin experienced the majority of the liquidations.
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