$ADA ♦️ $1.15 billion includes accounts of 243,637 traders liquidated in the last 24 hours in the cryptocurrency market, according to data from 'CoinGlass' that we reviewed. It is worth noting that the largest liquidation occurred on the 'Binance' platform with a total exceeding $201.1 million, where this collective decline primarily came in response to geopolitical tensions in the Middle East represented by the Israeli attack on Iran.
♦️ The largest cryptocurrency (Bitcoin) declined by about 2.3% in the last 24 hours, influenced by the heightened geopolitical tensions in the Middle East due to Israel's attack on Iranian nuclear facilities, which accelerated the pace of profit-taking and hedging against high-risk assets, primarily cryptocurrencies.
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