Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

$4.5 Billion in Crypto Liquidations in a Week Amid Bitcoin Drop to $91,000

image

Source: CryptoNewsNet Original Title: $4.5 billion in crypto liquidations in a week amid Bitcoin drop to $91,000 Original Link: https://cryptonews.net/news/bitcoin/32000145/ Crypto markets faced heavy turbulence this week as total liquidations surged to $4.5 billion, triggered by Bitcoin’s sharp drop to $91,000. The sell-off led to widespread forced closures of leveraged positions across major digital asset platforms.

More than $1 billion in leveraged positions were liquidated in the past 24 hours alone, with $300 million wiped out in just the last four hours. The sudden spike suggests a large player may have been liquidated, contributing to Bitcoin’s plunge on Monday afternoon.

BTC-7.17%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)