Cryptocurrency liquidations reach $584 million in 24-hour sale

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The total liquidation of digital currencies reached 657.9 million dollars during the twenty-four hours.

Ethereum (ETH) made up the largest part of the total liquidation, with traders betting on zero losses in the last liquidation process.

Ethereum and Bitcoin exploitations drive digital currency liquidation wave on Monday

According to data from CoinGlass, about 106,371 accounts were deleted during the last day. Long positions received about 89% of the damage, with a loss of 584.38 million dollars.

At the same time, short bets lost only 73.52 million dollars, which showed that the debt-financed bulls are still short.

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Ethereum took the biggest hit from this asset, with $256.83 million being wiped out as long-term dollars. At the same time, bitcoin recorded 180.89 million dollars from liquidation operations. Together, they formed the largest coded operations around A third of today’s total.

The largest order of liquidation happened on Bitget. A permanent contract worth 28.49 million dollars on ETH/USDT was canceled.

It pays to abandon risks after Trump’s warning against Iran

גרבט מוגה אל פיצור על עבור Significant price reductions over the digital currency market during the past twenty-four hours. This drop was not entirely sudden.

lesson BeInCrypto pointed out To possibly avoid risks on Monday after President Donald Trump pointed to Iran

The total market value of the digital currency decreased by approximately 0.93% during the 24-hour period.2. dollar bitcoin dropped to less From 77,000 dollars, which extended the week’s losses to 5.59%.

The price of Ethereum fell to less than 2,120 dollars and decreased by 9.98% during the week. Solana (Solana) led the biggest drop, falling 11.22% during the day to $84.94.

Trump is expected to hold a meeting in the operations room on Tuesday to review the progress of operations against Iran. It may lead to further escalation to increased volatility in cryptocurrency exchanges.

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