Roughly 237,000 traders were liquidated in total, with the single largest hit being an $88.5 million BTC-USDT short on HTX.
$1.13 billion in crypto positions were liquidated in 24 hours, with $1.01 billion from short sellers.
Bitcoin futures led the liquidations with $590 million, followed by ether futures at $241 million.
The liquidations were concentrated on Bybit and HTX, with Bybit seeing $461 million in total liquidations.
$1.13 billion in crypto positions were liquidated in 24 hours, with $1.01 billion from short sellers.
Bitcoin futures led the liquidations with $590 million, followed by ether futures at $241 million.
The liquidations were concentrated on Bybit and HTX, with Bybit seeing $461 million in total liquidations.
