Bitcoin, Ether, Solana
Bitcoin, Ether, and Solana traders experienced significant liquidations exceeding $1 billion as cryptocurrency prices dropped between 5% and 10%. The recent downturn in the market has led to widespread liquidation among traders holding long positions. As prices declined, many were forced to close their positions, resulting in substantial losses. This liquidation wave highlights the volatile nature of the cryptocurrency market, where rapid price fluctuations can trigger automatic sell-offs. The impact of these liquidations has reverberated throughout the trading community, signaling caution among investors.
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