$BTC The total market capitalization of cryptocurrencies (excluding Bitcoin itself) has risen by 10% – to $1.14 trillion, which is the highest figure since March 6.

Against this backdrop, nearly $400 million was lost on short positions (traders betting on the decline in Bitcoin price). This is the largest amount of liquidations since last November.

Additionally, $22 million in long positions – bets on growth, could not withstand the volatility.