In the past 24 hours, 389,662 traders have been liquidated, with a total liquidation value of $1.68 billion.
The last time the market recorded a liquidation amount greater than $1 billion was on July 10th this year, when $BTC rose from $110,000 to $117,500, causing $1.13 billion in Short orders to vanish.
Currently, both $BTC and $ETH are at important support levels, with BTC at the $109k - $112k range, and ETH at the $3k9 - $4k2 range. Will this liquidation end here?
