Crypto market suffers $9.4 billion liquidation in 24 hours
Click to watchThe global cryptocurrency market witnessed one of its most catastrophic crashes in history on Thursday night, as over $9.4 billion worth of positions were liquidated within 24 hours. The massive selloff, described by analysts as “the largest single-day liquidation event ever,” triggered steep price declines across nearly all major digital assets.
According to data from Coin Bureau and Watcher. Guru, the event surpassed previous market meltdowns linked to the LUNA collapse (2022), the COVID-19 crash (2020), and even the FTX implosion (2022).
Bitcoin fell by over 7%, while Ethereum dropped nearly 11%. Other major altcoins like BNB (-14%), XRP (-21%), and Solana (-19%) also saw double-digit losses. The entire…
