#binancetradingsmarters Approximately $692.05 million in liquidations have occurred across the crypto economy, with BTC long positions losing $216 million. Ethereum longs have seen $88 million evaporate, while another $58 million in long positions on alternative digital assets disappeared. A total of 239,539 traders were liquidated over the past day, including a major BTC play on Binance that lost $32.09 million. Traders now worry bitcoin may fall below its previous low of $78,1897 in the near future.Hackers thought to be working for the North Korean regime have successfully converted at least $300m (£232m) of their record-breaking $1.5bn crypto heist to unrecoverable funds.
The criminals, known as Lazarus Group, swiped the huge haul of digital tokens in a hack on crypto exchange ByBit two weeks ago.
Since then, it's been a cat-and-mouse game to track and block the hackers from successfully converting the crypto into usable cash.
Experts say the infamous hacking team is working nearly 24 hours a day - potentially funnelling the money into the regime's military