Crypto bulls lose nearly $400M in the last 24 hours amid crash
The cryptocurrency market has crash ed, with most cryptocurrencies registering double-digit losses since June 17. In this scenario, crypto bulls lost nearly $400 million in long position liquidations, with over 165,000 traders getting ‘rekt.’ Finbold retrieved data from CoinGlass showing a total liquidation of $440.24 million in the last 24 hours. Notably, $378.52 million was from long positions that reached their liquidation prices, with a dominance of Ethereum (ETH). On the other hand, short-sellers lost less than $62 million. Crypto bulls of the leading Web3 and DeFi blockchain lost $68.44 million, while Ethereum bears lost $16.27 million. Moreover, the largest single liquidation occurred with an ETH pair against the USDC on Binance, a $6.44 million order. Picks for you How rich is Delaware senator Chris Coons; Chris Coons...