Crypto Market Sees $936.08M Liquidated in 24 Hours (March 11, 2025)
The cryptocurrency market faced a major liquidation wave today, with $936.08 million erased in 24 hours, affecting 30,861 traders. The largest single hit was a $5.26 million BTCUSD order on Bybit. Bitcoin led with $315.27 million liquidated, followed by Ethereum at $239.32 million, while Solana ($47.20M), XRP ($36.41M), and Dogecoin ($28.62M) also saw significant losses. Over 24 hours, longs accounted for $743.20M and shorts $192.88M, signaling a bearish trend.
