Key Takeaway:
- Cryptocurrency liquidations surged by 78.8% in the past 24 hours.
- Total crypto liquidations surpassed the $75 million mark.
- Ethereum leads with over $19 million in liquidations.
- Bitcoin saw $8.2 million in liquidations.
- Binance dominated with $38.7 million in liquidations.
- OKX had $23 million in liquidations.
- Global crypto market capitalization fell by 0.4%.
Cryptocurrency Liquidations Spike
In the past day, there has been a significant surge of 78.8% in cryptocurrency liquidations, surpassing $75 million. Ethereum leads with over $19 million in liquidations, while Bitcoin saw $8.2 million in liquidations. Binance dominated the scene with $38.7 million in liquidations, and OKX had $23 million.
Market Capitalization Decline
Despite the increase in liquidations, the global crypto market capitalization recorded a 0.4% decline in the past 24 hours, falling from $2.549 trillion to $2.536 trillion. Bitcoin has been consolidating around $66,000, while Ethereum hovers around $3,550.
