💵 Over $400 million in liquidations in the cryptocurrency market in the last 24 hours!
Market Overview
• Total network contract liquidations reached $420 million, with a long-short ratio close to 1:1
• 120,000 accounts triggered forced liquidations, with the largest single liquidation being $6.52 million (ETH)
• BTC fluctuated $3,680 during the day, ETH corrected $122, BNB maintained at $803.30
Policies and Innovations Driving
• The U.S. prohibits financial institutions from discriminating against crypto businesses, Japan's Metaplanet holds BTC for the long term
• ETH spot ETF launched, on-chain staking increased by 12%
• BNB formed a supply contraction through $1.7 billion in new reserves and the destruction of 1.9 million tokens
