Crypto Majors SOL, XRP, DOGE Recover After $1B Weekend Liquidation Rout
Crypto traders are in a rebound mode after the panic selling over the weekend, triggered by U.S. military strikes on Iran’s nuclear facilities, forced massive liquidations.
Solana
, XRP , and Dogecoin , which were hardest-hit among the altcoins, are showing signs of recovery as leveraged bets reset and spot buying returns.
Liquidations pause as market resets
Over the last 24 hours, crypto markets absorbed another $642 million in liquidations, adding to the $595 million flushed on Saturday, bringing the two-day tally to over $1.2 billion.
Bitcoin
led the bleeding, with $230 million in liquidated bets, followed by ether at $188 million in long liquidations. While, SOL saw $28 million in liquidations, XRP took $21 million, and DOGE over…
