Crypto Liquidations Trigger $1.7 billion Market Bloodbath: Bitcoin and Ethereum Lead the Sell-Off

The crypto market faced one of its sharpest downturns in months, with over $1. 7 billion in crypto liquidations within 24 hours. Ethereum, Ripple (XRP), and Solana each plunged around 8%, while Bitcoin briefly fell into double-digit losses. Data shows that futures traders using high leverage were forced into rapid liquidations, sparking a chain reaction across … source: https://coinpedia.org/news/crypto-liquidations-trigger-1-7-billion-market-bloodbath-bitcoin-and-ethereum-lead-the-sell-off/