$19.35 Billion in 24 Hours, Largest Crypto Liquidation Event Recorded
Key Notes
- CoinGlass liquidation heatmap shows that $19.35 billion was liquidated from 1,666,361 traders.
- Bitcoin, Ethereum, Solana, and XRP were impacted, as their prices have dipped.
- Bitcoin price slipped below $110,000, dragging most altcoins along.
Within the past 24 hours, the broader cryptocurrency market has seen 1,666,361 traders suffer liquidations. The total liquidations currently amount to $19.35 billion, according to data from Coinglass. This comes off as the largest liquidation that the digital asset sector has ever seen, coming right after an exciting market rebound.
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On October 11, the crypto market recorded liquidation of roughly $19.35 billion,…